Analyzing and Identifying Financial Statement Effects of Stock Transactions (FSET) The stockholders' equity of Sougiannis Company at December 31 of the prior year follows. (1) 7% preferred stock, \$100 par value, 30,000 shares authorized; 7,500 shares issued and outstanding (2) Common stock, \$15 par value, 150,000 shares authorized; 60,000 shares issued and outstanding The following transactions, among others, occurred during the current year. a. Using the financial statement effects template, illustrate the effects of each transaction. - Note: Use negative signs with your answers, when appropriate. - Note: Select "N/A" as your answer if a part of the accounting equation is not affected. a. Using the financial statement effects template, illustrate the effects of each transaction. - Note: Use negative signs with your answers, when appropriate. - Note: Select "N/A" as your answer if a part of the accounting equation is not affected. b. Indicate the impact of each transaction on the calculation of basic EPS