Finishing Touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transactions affect stockholders equity during 2018, its first year of operations: (Required: Record the journal entries for each of these transactions)

1. January 2 Issues 100,000 shares of common stock for $33 per share.

2. February 6 Issues 2,800 shares of 7% preferred stock for $13 per share.

3. September 10 Repurchases 12,000 shares of its own common stock for $38 per share.

4. December 15 Reissues 6,000 shares of treasury stock at $43 per share.

Required: Record the journal entries for each of these transactions