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A B c. D Sunny's Emporium's articles of incorporation authorize 250,000 shares of no par value stock. So far, Sunny Fields has sold 110,000 shares

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A B c. D Sunny's Emporium's articles of incorporation authorize 250,000 shares of no par value stock. So far, Sunny Fields has sold 110,000 shares of stock to tamily and friends for \\( \\$ 1 \\) per share. Sunny's Emporium had the following transactions in June, 2024, the final month in their fiscal year: TRANSACTONS June 1 The balance in the office equipment account is related to a computer system that was puchased on July 1, 2020, almost four vears ago. Anew, more efficient computer system has been purchased for \\( \\$ 65,000 \\) eash that replaces the entire old system. The company doing the installation removes and disposes of the old system at no cost as a courtesy. The old system was being depreciated using the doubledeclining balance method with as year life and no residual value. Junes The company had repurchased 500 shares of stock in November at \\( \\$ 75 \\) per share (vou do not need to make this entryit is included in the account balances). Ther resell all of these shares at \\( \\$ 95 \\) per share (this is the piece you need to record). June 10 The company iswel 2,500 shares of no-par common sock at \\( \\$ 98 \\) per share. June 15 Market interest rates have fallen to \\( 3 \\mathrm{X} \\). The company calis the outstanding bonds by paying the bond investors face value. Iune 15 Further analysis determines that they only need \\( \\$ 250,000 \\) so thev signed a note with First interstate 8 ank for that amount. it is a 5 -vear, \\( 3 \\times \\) note parable in full at maturity. June 20 Rather than declaring a cash dividend, the company decides to declare a S\\% stock dividend that is to be capitalized at the market price of the stock, which is \\( \\$ 100 \\) per share. June 30 Distributed the stock dividend declared on June 20. ROUND ALL CALCULATONS TO THE WHOLE DOLLARI

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