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Diamondback Welding & Fabrication Corporation sells and services plpe welding equipment in tilinds. The following selected accounts appear in the ledger of Diamondback welding 8

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Diamondback Welding \& Fabrication Corporation sells and services plpe welding equipment in tilinds. The following selected accounts appear in the ledger of Diamondback welding 8 . Fabrication at the beginning of the current year: During the year, the corporation completed a number of transactions affecting the stochholident cuoitv. They are summarized as follewa: 3. Purchased 42,000 shares of treasury common for $26 per share. b. Sold 21,000 shares of treasury common for $29 per share. c. Issued 13,000 shares of preferred 2% stock at $217. d. Issued 70,000 shares of common stock at 332 , recelving cash. E. 5 old 14,000 shares of treasury common for $24 per share. f. Declared cash dluidends of 54.00 per share on preferred stock and 50.08 per share. on common stock. 0. Paid the cash dividends, Journalize the entries to record the transactions

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