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**everyone posting the answer it seems to be cut off, please can u make sure u have the full answer
Required information [The following information applies to the questions displayed below) National League Gear has two classes of stock authorized: 6% 520 par preferred, and $5 par value common. The following transactions affect stockholders' equity during 2021. National League's first year of operations February 2 Issue 1.3 million shares of common stock for 128 per share February 4 Issue 530,000 shares of preferred stock for $22 per share June 15 Purchase 130,000 shares of its own common stock for 2 per share August 15 Resell 97,500 shares of treasury stock for $30 per share November 1 Declare a cash dividend on its common stock of 11.30 per share and $636,000 (6 of par value) cash dividend on its preferred stock payable to all stockholders of record on hovember 15. (Hint Dividends are not paid on treasury stock.) November 30 Pay the dividends declared on November 1. Required: 1. 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
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