Equity Journal Entries (15 points) The Delcomany was involved in the following stock transactions for 2020 You are to provide the appropriate journal entry for each transaction Note that Delo was formed in 2020 so there were no previous balances in any equity account NOTE: You must show your work for any computations. 1. January 10 - issued 1.000 shares of common stock ($10 par) at $30 to start the company. 2 March 1 - issued 2,000 shares of preferred stock ($50 par) at $70. 3. March 5 -repurchased 100 shares of their own common stock at $32. (Cost method) 4. July 25 - sold 20 shares of stock repurchased on March 5 at $34. (Cost method) 5. August 15 - sold 30 shares of stock repurchased on March 5 at $27 (Cost method)