estiny Calling, Co. reported the following information in the equity section of their balance sheet as of December 31, 2020: Stockholders' equity: Preferred stock, $0.01 par $0 Common stock, $0.05 par (1,000,000 shares issued and outstanding) $50,000 Additional paid-in capital $928,420 Retained earnings $105,982 Total equity $1.084.402 During the following year, 2021, Destiny Calling completed these transactions that affected stockholders' equity: February 15 Issued 20,000 shares of common stock for $14 per share. Feb 15th Cash 280,000 Common Stock 1000 Additional Paid in Capital 270,000 April 11 Declared a cash dividend of $0.02 per common share, payable to all stockholders of record on April 30th, 2021. Apr 11th Retained Earnings Dividends Payable - Common Stock May 15 Paid the cash dividend. May 15th Dividends Payable Cash August 19 Reacquired 2,500 shares of common stock as treasury stock, paying $11 per share. Aug 19th Treasury Stock 27,500 Cash 27,500 November 28 Issued 4,000 shares of common stock for $17 per share. Nov 28th Cash 68,000 Common Stock Additional Paid in Capital 200 67,800 a. Record all the journal entries for Destiny Calling's 2021 transactions listed above. b. Calculate the number of shares of Common Stock that would be issued as of December 31, 2021. Show all calculations. c. Calculate the number of shares of Common Stock that would be outstanding as of December 31, 2021. Show all calculations. d. Taking into account, all of the information and all of the transactions above, prepare a statement of Stockholders' Equity for Destiny Calling for the period ended December 31, 2021. Use the format used in the pre-recorded lecture videos and also provided in your e-text, Illustration 10-20. Assume net income for 2021 was $33,904