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Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024 . Bay Meadows has the following transactions affecting stockholders' equity in 2024. March 1 Issues 54,000 additional shares of $1 par value common stock for $51 per share. May 10 Purchases 4,900 shares of treasury stock for $54 per share. June 1 Declares a cash dividend of $1.45 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,450 shares of treasury stock purchased on May 10 for $59 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 5 Record the issuance of 54,000 additional shares of $1 par value common stock for $51 per share. Note: Enter debits before credits