Journalize the following entries

On January 1, Steff Corporation had 80,000 shares of no-par common stock issued. 5,000 shares are held as treasury stock. The stock has a stated value of $5 per share. During the year, the following transactions occurred. ; ;

; Apr. ; 1 ; Issued 12,000 additional shares of common stock for $18 per share. ;

; June ; 15 ; Declared a cash dividend of $1 per share to stockholders of record on June 30. ;

; July ; 10 ; Paid the $1 cash dividend. ;

; Dec. ; 1 ; Purchased 7,000 additional shares of common stock for $17 per share. ;

; Dec. ; 15 ; Declared a cash dividend on outstanding shares of $1.20 per share to ; ; ; ; shareholders of record on December 31. ;

Instructions: ; ;Prepare the entries, if any, on each of the dividend dates.