10-6B (Algo) Record equity transactions and prepare the stockholders' equity section (LO10-2, 10-3, 10-4, 10-5, 10-7) Skip to question [The following information applies to the questions displayed below.] National League Gear has two classes of stock authorized: 4%, $20 par preferred, and $5 par value common. The following transactions affect stockholders equity during 2024, National Leagues first year of operations: February 2 Issue 1.1 million shares of common stock for $19 per share. February 4 Issue 440,000 shares of preferred stock for $23 per share. June 15 Purchase 110,000 shares of its own common stock for $14 per share. August 15 Resell 82,500 shares of treasury stock for $29 per share. November 1 Declare a