During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: a. Issued 60,000 shares of common stock at $27, receiving cash. b. Issued 23,000 shares of preferred 2% stock at $145. c. Purchased 36,000 shares of treasury common for $22 per share. d. Sold 18,000 shares of treasury common for $25 per share. e. Sold 12,000 shares of treasury common for $20 per share. f. Declared cash dividends of $2.50 per share on preferred stock and $0.06 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. Issued 60,000 shares of common stock at $27, receiving cash. b. Issued 23,000 shares of preferred 2% stock at $145. c. Purchased 36,000 shares of treasury common for $22 per share. d. Sold 18,000 shares of treasury common for $25 per share. e. Sold 12,000 shares of treasury common for $20 per share. f. Declared cash dividends of $2.50 per share on preferred stock and g. Paid the cash dividends