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Rowlands Corporations - Part 1 Rowlands Corporation has 100,000 shares of $40 par value proferred stock authorized. During the year, it had the following transactions related to its preferred stock. (a) Issued 20,000 shares at $55 per share. (b) Issued 10,000 shares for equipment having a $700,000 asking price. The stock had a market value of $75 per share Instructions: Journalize the transactions. Use the space bar ONLY to format. Yohnalasse Corporation - Part 2 Yohnalasse Corporation has the following stockholders' equity accounts on January 1, 2019: Common Stock, $10 per value $1,500,000 Paid-in Capital in Excess of Par 200,000 Retained Earnings 500.000 Total Stockholders' Equity $2.200.000 The company uses the cost method to account for treasury stock transactions. During 2019, the following treasury stock transactions occurred: April 1 Purchased 10.000 shares at $18 per share. August 1 Sold 4,000 shares at $22 per share. October 1 Sold 4,000 shares at $15 per share. Instructions (a) Journalize the treasury stock transactions for 2019. Use the space bar ONLY to format