Diamondback Welding & Fabrication Corporation sells and services pipe welding equipment in Illinois. The following selected accounts appear in the ledger of Diamondback Welding & Fabrication at the beginning of the current year: $1,500,000 Preferred 2% Stock, $100 par (30,000 shares authorized, 15,000 shares issued) Paid-In Capital in Excess of Par-Preferred Stock 180,000 3,750,000 Common Stock, $15 par (600,000 shares authorized, 250,000 shares issued) Paid-In Capital in Excess of Par-Common Stock 490,000 Retained Earnings 12,550,000 During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: a. Purchased 36,000 shares of treasury common for $16 per share. b. Sold 18,000 shares of treasury common for $19 per share. C. Issued 8,000 shares of preferred 2% stock at $120. d. Issued 60,000 shares of common stock at $19, receiving cash. e. Sold 12,000 shares of treasury common for $14 per share. f. Declared cash dividends of $2.00 per share on preferred stock and $0.10 per share on common stock. g. Paid the cash dividends. Required: Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. a b. II III III III II II b. d