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 51,000 additional shares of $1 par value common stock for $48 per share. May 10 Purchases 4,600 shares of treasury stock for $51 per share. June 1 Declares a cash dividend of $1.30 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 2,300 shares of treasury stock purchased on May 10 for $56 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.) X Answer is not complete. No General Journal Credit Date March 01, 2021 Debit 2.448,000 1 > Cash Common Stock Additional Paid-in Capital sos 51.000 2,397,000 00 2 234 600 May 10, 2021 Treasury Stock Cash 234,600 X 3 June 01, 2021 Retained Earnings Dividends Payable 3 4 July 01, 2021 No Journal Entry Required 5 October 21, 2021 Cash Additional Paid in Capital Treasury Stock OO