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 2018 Power Drive has the following transactions affecting stockholders equity in 2018. March 1 Issues 56.000 additional shares of 51 par value common stock for $53 per share May 10 Repurchases 5,100 shares of treasury stock for $56 per share June 1 Declares a cash dividend of $1.65 per share to al stockholders of record on June 15. (Hint Dividends are not paid on treasury sock) July 1 Pays the cash dividend declared on June 1 October 21 Reissue 2.650 shares of treasury stock purchased on May 10 for $61 per share Required: Record each of these transactions. If no entry is required for a particular transaction, select "No joumal entry required in the first account field.) View transaction St Journal entry worksheet 1 2 3 4 5 Issues 56,000 additional shares of si par value common stock for $53 per share Not Enter debits before credits General Journal Debit Credit