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QUESTION 23 15 points OKOK Corporation was incorporated in the current year and engaged in the following transactions January 1: Issued 15,000 shares of $1 par value common stock at $18 per share. June 15: Reacquired 1,000 shares of common stock sold on January 1 for $19 per share. August 10: Sold 600 shares of treasury stock purchased on June 15 for $20 per share. September 30: The board of directors declares and distributes a 10% common stock dividend. The current selling price of the common stock is $21 per share. November 30: The board of directors declares a cash dividend of $0.55 per share payable to stockholders on December 15. December 15: Paid the cash dividends declared on November 30, Required: A) Prepare journal entries for the above transactions. Use the grid below as a template for your journal entries. B) calculate the number of outstanding shares at December 31. Show your calculation Highlight the text below to copy (Ctrl+C) and paste (Ctrl v) the grid into your answer. DATE ACCOUNT NAME CREDIT Close Window Click Save and Submit to see and submit Click Save Ansters wall answers