Identifying and Analyzing Financial Statement Effects of Stock Transactions Lipe Company reports the following transactions relating to its stock accounts. Feb. 20 Issued 8,000 shares of $1 par value common stock at $45 cash per share. Feb. 21 issued 13,000 shares of $100 par value, 8% preferred stock at $350 cash per share Jun. 30 Purchased 1.200 shares of its own common stock at $20 cash per share Sep. 25 Sold 600 shares of the treasury stock at $25 cash per share a. Using the financial statement effects template, illustrate the effects of these transactions. Use negative signs with answers when appropriate. When applicable, enter total amount for contributed capital Income Statement Balance Sheet Transaction Cash Asset Noncash AssetsLiabilities Contrib. Capital +Earned Capital Contra Equity Revenue Expenses Net Income 2/20 Issued common stock shares 2/21 Issued preferred stock shares. 6/30 Purchased own shares 9/25 Sold treasury stock shares