Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2 Issues 100,000 shares of common stock for $35 per share. February 6 Issues 3,000 shares of 8% preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for $40 per share. December 15 Resells 5,500 shares of treasury stock at $45 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. Issues 100,000 shares of common stock for $35 per share. Determine the financial statement effects of January 2 . Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no finand Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2 Issues 100,000 shares of common stock for $35 per share. February 6 Issues 3,000 shares of 8% preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for $40 per share. December 15 Resells 5,500 shares of treasury stock at $45 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. Issues 3,000 shares of 8% preferred stock for $11 per share. Determine the financlal statement effects of February 6 . Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financl Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2 Issues 100,000 shares of common stock for \$35 per share. February 6 Issues 3,000 shares of 8% preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for 840 per share. December 15 Resells 5,500 shares of treasury stock at $45 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. Purchases 11,000 shares of Its own common stock for $40 per share. Determine the financlal statement effects of September 10. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financia Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024 , its first year of operations: January 2 Issues 100,000 shares of common stock for $35 per share. February 6 Issues 3,000 shares of 8% preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for $40 per share. December 15 Resells 5,500 shares of treasury stock at $45 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. Resells 5,500 shares of treasury stock at $45 per share. Determine the financial statement effects of December 15 . Note: Amounts to be deducted should be Indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financi