Baxter Corporation Has 1,000 Shares of $5 Par Value Common $\text {Feb.}$

Essay

Baxter Corporation has 1,000 shares of $5 par value common stock issued and outstanding.
Journalize the following Baxter transactions for 20XX:
$\text {Feb.}$ $\quad$ 1 $\text {Purchased 2 PU shares of treasury stock at \$6.00.}$
$\quad$ $\quad$ $\quad$ 20 $\text { Declared a \(\$ 2.00\) per share cash dividend payable on March 15}$
$\quad$ $\quad$ $\quad$$\text { to stockholders of record March 1.}$
$\text {Mar. }$ $\quad$ 15 $\text {Paid the cash dividend.}$
$\text {May}$ $\quad$ 10 $\text { Declared a \(10 \%\) stock dividend. The market value of the stock is \$15.00 per share.}$
$\text {May}$ $\quad$ 30 $\text {Distributed the stock dividend.}$
$\text {Jun}$ $\quad$ 10 $\text { Reissued the treasury stock for \(\$ 9.00\).}$