Case A: The charter for Rogers, Incorporated, authorized the following stock:

Common stock, $10 par value, 115,000 shares authorized

Preferred stock, 9 percent, $8 par value, 5,200 shares authorized

The company sold 46,000 shares of common stock and 4,200 shares of preferred stock. During the year, the following selected transactions were completed in the order given:

3. Provide the journal entry if Rogers sold 3,400 shares of treasury stock for $25 per share. The treasury stock was repurchased at $20 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the repurchase of shares. Note: Enter debits before credits. Debit Transaction General Journal Credit Clear entry Record entry View general journal Case B: Ospry, Inc., has working capital in the amount of $1,020,000. For each of the following transactions, determine whether working capital will increase, decrease, or remain the same 1. Paid accounts payable in the amount of $22,000 s Payable Working capital 2. Recorded rent payable in the amount of $28,000 Rent Payable Working capital 3. Collected $6,200 in accounts receivable. counts Receivable Working capitsl 4. Purchased $32,000 of new inventory for cash. Inventory Working capital Case D: Miller Bikes is a national chain of upscale bicycle shops. The company has followed a successful strategy of locating near major universities. Miller has the opportunity to expand into several new markets but must raise additional capital. The company has engaged in the following transactions: . Issued 46,200 additional shares of common stock. The stock has a par value of $1 and sells in the market for $25 per share. Issued bonds. These bonds have a face value of $1,120,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually. The current annual market rate of interest is 8 percent. Required: 1. Record the sale of the bonds. (lf no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the sale of the bonds without sing a premium account Note: Enter debits before credits. Debit Transaction General Journal Credit Cash Bonds payable View general journal Record entry Clear entry