ranne News On January 1, 2020, Sunland Company had 73,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred Mar. 1 Issued 90,000 shares of common stock for $685.000 June 1 Declared a cash dividend of $2.00 per share to stockholders of record on June 15. June 30 Pald the $2.00 cash dividend. Dec. 1 Purchased 7000 shares of common stock for the treasury for $20 per share. Dec. 15 Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31 O 01:35:09 Hide Net Income for 2020 amounted to 5990.000 Prepare journal entries to record the above transactions. Credit account titles are automatically indented when the amount is entered the problem. If no entry is required select "No Entry for the account titles and enter for the amounts) on indent man the order presented in Date Account Titles and Explanation Debit Credit