On November 1 of Year 5, you were hired as the treasurer for Rayburn Processing. Part of your job duties include maintaining accurate records of the company's stockholders and issuing dividend payments. The Board of Directors declared a dividend of $2 per share on December 1 for all stockholders of record on December 15. The dividend is paid on December 31. Examine the following pie charts to understand the company's five-year history of stock and answer the following questions. What is the authorized number of shares in Year 1? What event took place in Year 2? \begin{tabular}{|l|} \hline Issued stock \\ \hline Purchased treasury stock \\ \hline Sold treasury stock \\ \hline \end{tabular} What event took place in Year 3? Issued stock Purchased treasury stock Sold treasury stock What event took place in Year 4 ? 1 Record the declaration of $2 dividend per share on December 1 . 2 Record the stockholders of record as on December 15. 3 Record the payment of $2 dividend per share on December 31