Exercise 10-6 Record issuance of stock and treasury stock transactions (L010-2, 10-3, 10-4) Finishing Touches has two classes of stock authorized: 7%. 510 par preferred, and 51 par value common. The following transactions affect stockholders' equity during 2016, tafrat year of operatore: January 2 issues 100,000 shares of common stock for $18 per share February issues 1,300 shares of 7% preferred stock for $13 per share September 10 Repurchases 12.000 shares of its own common block for 523 per whare. December 15 Reissues 6,000 shares of treasury stock at $28 per share Required: Record each of these transactions. (no entry is required for a transactionevent, select "No journal entry required in the first account field) Date General Journal Debit Crede January 02, 2018 Cash 2.400,000 Common stock 100.000 Additional paid in capital 2.300.000 No 1 OOO 24,700 oo February 2016 Cash Preferred stock Additional paid.in capital 10.000 5,700 341.000 3 September 10, 20Common stock Cash BO 348.000 204.000 4 December 15, 201 Cash Common stock Additional paid in capital OOO 174,000 30.000