3. Prepare the journal entries required for the following transactions: March 1 : Rowland Corporation received 5,000 shares of donated common stock from its stockholders. (Note: The company had issued 15.000 shares at par value of F20} May 1 : Sold 3.000 shares of donated stock at P 25 per share. July 1 : Sold the remaining donated shares at P 13. 4. From the information in Test #3. prepare the stockholders\" equity section of the balance sheet as of [a] March 31. (b) May 31, and [c] Julyr 31 5. Suppose that in Tests #3 and 4 the 5.000 shares of treasury stock had been purchased for P 110.000 instead of being donated. a) What entries would be required to record the transactions? 0) Prepare the stockholders equity section as of March 31, May 31, and July 31