10 Homework Help Save & E Submit Check my work Exercise 10-9A Record common stock, treasury stock, and cash dividends (LO10-2, 10-4, 10-5) 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 59,000 additional shares of 51 par value common stock for $56 per share 12 Purchases 5.400 shares of treasury stock for 559 per share June 1 Declares a cash dividend of $170 per Share to sli 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 2,700 shares of treasury stock purchased on May 10 for $64 per share. May 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 Journal entry worksheet