Required information [The following information applies to the questions displayed below] National League Gear has two classes of stock authorized: 4%,$20 par preferred, and $5 par value common. The following transactions affect stockholders' equity during 2024, National League's first year of operations: February 2 Issue 1.5 million shares of common stock for $35 per share. February 4 Issue 608 , e0e shares of preferred stock for $23 per share. June 15 purchase 150,0e0 shares of its own common stock for $30 per share. August 15 Resell 112 , se0 shares of treasury stock for s45 per share. Novenber 1 Declare a cash dividend on its comon stock of $1.50 per share and a s48e, e00 (4x of par value) cash dividend on its preferred stock payable to a11 stockbolders of record on Novenber 15. (Hint? oividends are not paid on treasury stock.) Novenber 30 Pay the dividends declared on November 1. lequired: Record each of these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first iccount field.) Required information