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Melo Company reports the following transactions relating to its stock accounts in the current year. Use the financial statement effects template to indicate the effects

Melo Company reports the following transactions relating to its stock accounts in the current year. Use the financial statement effects template to indicate the effects from each of these transactions.

Mar. 2 Issued 10,000 shares of $1 par value common stock at $30 cash per share.

Apr. 14 Issued 15,000 shares of $100 par value, 8% preferred stock at $250 cash per share.

June 30 Purchased 3,000 shares of its own common stock at $22 cash per share.

Sep. 25 Sold 1,500 shares of its treasury stock at $26 cash per share.

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