B\&O begins operations on January 1,2022. On January 1,2022,B&O issues 90,000 shares of $1 par value common stock for $120,000. Prepare the journal entry to record the issuance of common stock. Dr: CR: CR: On January 1,2022B&O issues 1,000 shares of $100 par value 2% cumulative Class A preferred stock for $150,000. Prepare the journal entry to record the issuance of Class A preferred stock. DR: CR: CR: On January 1,2022,B&O issues 100 shares of $10 par value 5% noncumulative Class B preferred stock for $1,100. Prepare the journal entry to record the issuance for Class B preferred stock. DR: CR: CR: B&O does not declare a dividend in 2022. B&O reports Net Income of $10,000 in 2022 . B&0 reports Net Income of $80,000 in 2023. Prepare the Statement of Shareholders' Equity as of December 31, 2023