WHOISI_browser-launchUrl=http%253A%252F%252Flms.mheducation.com%252Fmghmiddlewa mework Saved May June 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 the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 March 1 Issues $2.000 additional shares of $1 par value common stock for $49 per share. 1 Declares a cash dividend of $1.35 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,350 shares of treasury stock purchased on May 10 for $57 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Date Debit Credit 1 March 01, 2021 General Journal Cash Common Stock Additional Paid-in Capital 2 May 10, 2021 Treasury Stock Cash 3 June 01, 2021 Dividends Dividends Payable 4 July 01, 2021 Dividonds Payablo CSC first account field.) boons. (if no entry is required for a particular transaction/event, select "No Journal Entry Require Wiew transaction list View journal entry worksheet No Date March 01, 2021 Debit Credit 1 General Journal Cash Common Stock Additional Paid in Capital 2 May 10, 2021 Treasury Stock Cash 3 June 01, 2021 Dividends Dividends Payable 4 July 01, 2021 Dividends Payable Cash 5 October 21, 2021 Cash Treasury Stock Additional Paid-in Capital ME