Taking Flight Corporation designs and produces a line of golf equipment and golf apparel. Taking Flight has $100,000$ shares of common stock outstanding as of the beginning of $2024.$ Taking Flight has the following transactions affecting stockholders' equity in $2024.$

March $1$ Issues $52,000$ additional shares of $$1$ par value common stock for $$49$ per share.

May $10$ Purchases $4,700$ shares of treasury stock for $$52$ per share.

June $1$ Declares a cash dividend of $$1\mathrm{.}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.