(1) The shareholders' equity section of Rodman Corporation as of December 31, 2014, follows: S 80,000 Common stock Additional paid-in-capital (CS) 10,000 Retained earningsS 60,000 Total shareholders' equity $150,000 During 2015 the company entered into the following transactions: Purchased 1,000 shares of treasury stock for $60 per share As part of a compensation package, reissued half of the treasury stock to executives wh exercised the stock options for $20 per share Subsequent to transaction #2, reissued the remainder of the treasury stock on the open market for $66 per share 1. 2. 3. Provide the journal entries for each transaction and prepare the shareholders' equity section of the balance sheet as of December 31, 2015. Rodman Corp generated $20,000 in net income during 2015 and did not declare any dividends