Berlin Jewelry Company reported the following summarized balance sheet at December 31, 2021: (Click the icon to view the statement.) During 2022. Berlin Jewelry completed these transactions that affected stockholders' equity: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Berlin Jewelry's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Feb 13: Issued 6,000 shares of common stock for $8 per share. Journal Entry Requirements Date Accounts Debit Credit Feb 13 1. Journalize Berlin Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equily at December 31, 2022. Net income for 2022 was $25,000. - X Data table Print Done More info Assets Current assets $ 35,000 $ 57,500 Property and equipment, net Feb $ $ 92,500 7 Jun Jun Aug $ 37,800 Total assets Liabilities and Equity Liabilities Stockholders' equity: $0.30 cumulative preferred stock, $20 par, 100 shares issued Common stock, $2 par, 5,700 shares issued Paid-in capital in excess of par-common 13 Issued 6,000 shares of common stock for $8 per share. Declared the regular cash dividend on the preferred stock. 24 Paid the cash dividend. 9 Declared and distributed a 10% stock dividend on the common stock. 9 Market price of the common stock was $9 per share. 26 Reacquired 900 shares of common stock as treasury stock, paying S12 per share. 20 Sold 800 shares of the treasury stock for $17 per share. 31 Declared a cash dividend of $0.30 per share on the outstanding common stock, dividends will be paid in January, 2023. Oct 2,000 Noy 11,400 Dec 17,300 24,000 Retained earnings $ Total liabilities and equity 92,500