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 beginning of 2021. Power drive has the following transactions affecting stockholders equity into 2021.

1) march 1 issues 50,000 additional shares of one dollar par value common stock for $47 per share.

2) May 10 which is 4500 shares of treasury stock for $50 per share.

3) June 1 declares a cash dividend of $1.25 per share to all stockholders of record in June 15.

4) July 1 pays the cash dividends declared on June 1 5) October 21 resells $2250 shares of treasury stock purchase on May 10 for $55 per share.

Record each of these transactions.