court casuals has 100,000 shares of common stock outstanding as of the beginning of the year and has the following transactions affecting stockholders' equity during the year. may 18 issues 25,000 additional shares of $1 par value common stock for $40 per share. may 31 repurchases 5,000 shares of treasury stock for $45 per share. july 1 declares a cash dividend of $1 per share to all stockholders of record on july 15. july 31 pays the cash dividend declared on july 1. 1. record each of these transactions in the general journal. 2. how many shares of common stock are issued after the may 18th transaction? how many shares of common stock are outstanding after the may 18th transaction? 3. how many shares of common stock are issued after the may 31st transaction? how many shares of common stock are outstanding after the may 31st transaction?