Record the journal entry

Little League Apparel has two classes of stock authorized: 5%, $10 par preferred, and $1 par value common. The following transactions affect stockholders equity during 2024, its first year of operations:

January 2	Issue 100,000 shares of common stock for $66 per share.
February 14	Issue 56,000 shares of preferred stock for $11 per share.
May 8	Purchase 10,000 shares of its own common stock for $56 per share.
May 31	Resell 5,000 shares of treasury stock for $61 per share.
December 1	Declare a cash dividend on its common stock of $0.45 per share and a $28,000 (5% of par value) cash dividend on its preferred stock payable to all stockholders of record on December 15. The dividend is payable on December 30. (Hint:Dividends are not paid on treasury stock.)
December 30	Pay the cash dividends declared on December 1