Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 410,000 shares of $12 par common stock and 60,000 shares of 4 percent cumulative class A preferred stock. The class A stock had a stated value of $25 per share. The following stock transactions pertain to Eastport Inc.: 1. Issued 20,000 shares of common stock for $17 per share. 2. Issued 11,000 shares of the class A preferred stock for $30 per share. 3. Issued 46,000 shares of common stock for $20 per share. Required a. Prepare general journal entries for these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list 1 Issued 20,000 shares of common stock for $17 per share. 2 Issued 11,000 shares of the class A preferred stock for $30 per share. 3 Issued 46,000 shares of common stock for $20 per share. Credit b. Prepare the stockholders' equity section of the balance sheet immediately after these transactions. Stockholders' equity Total stockholders' equity