2. Destiny Calling, Co. reported the following information in the equity section of their balance sheet at December 31, 2019: Stockholders' equity: Preferred stock, $0.02 par $0 Common stock, $0.01 par (300,000 shares issued and outstanding) $3,000 Additional paid-in capital 109,421 Retained earnings 47,388 Total equity $159.809 During 2020, Destiny Calling completed these transactions that affected stockholders' equity: January 9 Issued 2,500 shares of common stock for $20 per share. March 15 Reacquired 1,000 shares of common stock as treasury stock, paying $9 per share. June 1 Declared a cash dividend of $0.01 per common share, payable to all stockholders of record on June 15th, 2020. June 30 Paid the cash dividend. October 17 Issued 1,700 shares of common stock for $22 per share. a. Record all the journal entries for Destiny Calling's transactions listed above. b. Taking into account all of the information and all of the transactions above, prepare a statement of Stockholders' Equity for Destiny Calling for the period ended December 31, 2020. Use the format used in the pre-recorded lecture videos and also provided in your e-text, Illustration 10-20. Assume net income for 2020 was $19,080. Calculate the number of shares of Common Stock that would be outstanding as of December 31, 2020. Show all calculations. C