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Power Drive Corporation designs and produces a line of golf cquipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of

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Power Drive Corporation designs and produces a line of golf cquipment 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' equicy in 2021. Wareh I Issues 40,000 addittobal ehares of $1 par value coenon stock for $45 per share. May 10 furchases 4,300 ahares of treanvary stock for $48 per share. June 1 Deelares a eash dividesd of 11.15 per share to a11 etockholders of record on June 15. (Mint? Dividesde sre pot psid on treasury atock. ) Juty I paya the cosh divideed deolared on June t. oetober 21 pesetis 2,150 shares of treasury atock purchased on May 10 for $33 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 Record the issuance of 48,000 asditional shares of 11 par value ccenmon 1 tock for $45 per thare. Gitei findr debis tyfore ovats

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