[The following information applies to the questions displayed below.] The stockholders equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value $0 Common stock, $5 par value 12,500 Additional paid-in capital 25,000 Total paid-in capital 37,500 Retained earnings 45,500 Treasury stock (2,200) Total stockholders' equity $80,800 Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 6. How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.) Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2024, 100 shares of preferred stock and 2,000 shares of common stock have been issued. The following transactions affect stockholders equity during 2024: March 1 Issue 2,000 additional shares of common stock for $15 per share. April 1 Issue 200 additional shares of preferred stock for $30 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.50 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1 Purchase 200 shares of common treasury stock for $12 per share. October 1 Reissue 100 shares of treasury stock purchased on August 1 for $14 per share. Nautical has the following beginning balances in its stockholders equity accounts on January 1, 2024: Preferred Stock, $1,000; Common Stock, $2,000; Additional Paid-in Capital, $18,500; and Retained Earnings, $10,500. Net income for the year ended December 31, 2024, is $7,150. Required: 1. Record each of these transactions