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, March 1 Issues 64,000 additional shares of $1 par value common stock for $61 per share. May 10 Purchases 5,900 shares of treasury stock for $64 per share. June 1 Declares a cash dividend of 51.95 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 2.950 shares of treasury stock purchased on May 10 for 569 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.) View transaction ist Journal entry worksheet Record the declaration of a cash dividend of $1.95 per shart to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock) Nota: Enter debts before credits Delt Credit Onta June 01, 2021 General Journal Dividends Dividends Payable