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Required information [The following information applies to the questions displayed below) On January 1, 2019, Metco Inc. reported 271,000 shares of $10 par value common stock as being issued and outstanding on March 24, 2019, Metco Inc purchased for its treasury 2100 shares of its common stock at a price of $37.00 per share on August 19,2019,790 of these treasury shares were sold for $46.50 per share Metco's directors declared cash dividends of $0.70 per share during the second quarter and again during the fourth quarter, payable on June 30, 2019, and December 31, 2019, respectively. A 5% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year. .-2. Prepare the journal entry for the treasury stock purchase on March 24, 2019. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of 2,100 shares of treasury stock $37 per share. Note Enter debits before credits General Journal Debit Credit Event 1 Record entry Clear entry View general joumal Required information (The following information applies to the questions displayed below) On January 1, 2019, Metco Inc reported 271,000 shares of $10 par value common stock as being issued and outstanding on March 24, 2019, Metco Inc purchased for its treasury 2100 shares of its common stock at a price of $37.00 per share On August 19, 2019,790 of these treasury shares were sold for $46,50 per share Metco's directors declared cash dividends of $0 70 per share during the second quarter and again during the fourth quarter payable on June 30, 2019, and December 31, 2019, respectively A5% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year c-2. Prepare the journal entry for the sale of the treasury stock on August 19, 2019. Of no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the sale of 790 shares of treasury stock $46.5 per share. Note Enter debits before credits General Journal Debit Credit Event 1 ws Record entry Clear entry View general journal Required information The following information applies to the questions displayed below.) On January 1, 2019, Metco Inc reported 271,000 shares of $10 par value common stock as being issued and outstanding. On March 24, 2019, Metco Inc. purchased for its treasury 2,100 shares of its common stock at a price of $37.00 per share. On August 19, 2019, 790 of these treasury shares were sold for $46,50 per share. Metco's directors declared cash dividends of $0.70 per share during the second quarter and again during the fourth quarter, payable on June 30, 2019, and December 31, 2019, respectively. A 5% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year. e. Calculate the number of shares of stock issued in the stock dividend. Stock dividend shares

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