Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 . 1 Issues 48,000 additional shares of $1 par value comen atock for $45 per share. 10 purchases 4,300 shares of treasury stoek for $48 per share. 1 Declares a cash dividend of \$1.15 per share to al1 stockholders of record on June 15. (Hint: Dividendia are not paid on treasiry stock.) 1 pays the cash dividend declared on June 1. thily 21 payse the cash dividend declared on Juae 1 . Requlred: 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 Record the declaration of a cash dividend of $1.15 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Whoter friter debits before creder