Aalborg Corporation had an equity structure that consisted of $2 par value common stock paid-in capital in excess of par, $88,000,000; and retained earnings, $64,300,000 Transaction A Believing that its share price was depressed due to general market conditions, Aalborg's board of directors authorized the reacquisition of 1,000,000 shares of common stock. These treasury shares were purchased at $16 per share. Transaction B Subsequent to Transaction A, the stock price increased to $19 per share, and half of the treasury shares were sold in the open market. Transaction C Subsequent to Transaction B, Aalborg experienced business dificulties that necessitated it selling the remaining treasury shares to raise additional cash. The shares were sold for $5 per share. Prepare an appropriate journal entry to record Transaction A. Aalborg records treasury shares at cost. Prepare an appropriate journal entry for Transaction B. Prepare an appropriate journal entry tor Transaction C Is there any income statement impact from these transactions: What is the impact on total stockholders' equity from each of the three transactions