Information about Nile Inc.'s stockholders' equity is provided below.
Nile Inc. is authorized to issue 75,000 shares of $6 par, 5%, cumulative preferred stock; 8,000 shares are issued and outstanding.
Nile Inc. is also authorized to issue 50,000 shares of $0.01 par common stock; 12,800 shares are issued and outstanding.
In 2018 Nile Inc. entered into the following transactions that affected stockholders' equity.
2018	Feb	3	Nile issued 1,500 shares of preferred stock for $13 per share.
	Apr	24	Nile issued 4,000 shares of common stock for $5.50 per share.
	May	16	Nile bought 9,000 shares of (Nile) common stock (to hold temporarily) for $6 per share.
	Jun	2	Nile's board of directors declared a $2,000 cash dividend, payable on July 15.
	Jul	15	Nile paid the dividend declared on June 2.
	Aug	5	Nile sold 3,000 shares of treasury stock for $8 per share.
	Oct	30	Nile sold 2,000 shares of treasury stock for $4 per share.

Required:
1.	Prepare journal entries for these transactions.