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Italian Stallion has the following transaction's during the year related to stockholders' equity. February 1...

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Italian Stallion has the following transaction's during the year related to stockholders' equity. February 1 Issues 6,000 shares of no-par common stock for $16 per share. May 15 Issues 760 shares of $10 par value, 12.5% preferred stock for $13 per share. October 1 Declares a cash dividend of $1.25 per share to all stockholders of record (both common and preferred) on October 15 . October 15 Date of record. October 31 Pays the cash dividend declared on october 1. 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.)

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