Instructions During the year, the corporation completed a number of transactions affecting the stockholders equity. They are summarized as follows: a. Issued 200,000 shares of common stock at $12, receiving cash. b. Issued 8,000 shares of preferred 2% stock at $115. c. Purchased 175,000 shares of treasury common for $10 per share. d. Sold 110,000 shares of treasury common for $14 per share. e. Sold 30,000 shares of treasury common for $8 per share. 1. Declared cash dividends of $1.25 per share on preferred stock and $0.08 per share on common stock g. Paid the cash dividends. Journalire the entries to record the transactions. Refer to the Chart of Accounts for exact wording of acc e s