More info Feb 13 Issued 5,300 shares of common stock for $12 per share. Jun 7 Declared the regular cash dividend on the preferred stock. 24 Paid the cash dividend. Aug 9 Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $17 per share. Dat Decequired 700 shares unzatoak novine 800 oboro More info Aug 9 Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $17 per share. Oct 26 Reacquired 700 shares of common stock as treasury stock, paying $20 per share. Nov 20 Sold 300 shares of the treasury stock for $24 per share. Dec 31 Declared a cash dividend of $0.25 per share on the outstanding common stock; dividends will be paid in January, 2020. I Requirements 1. Journalize Madrid Jewelry's transactions. Explanations are not required. 2. Report the company's stockholders' equity at December 31, 2019. Net income for 2019 was $30,000. Data table Assets Current assets. Property and equipment, net.. Total assets Liabilities and Equity Lichilitian $ $ 4 Amount 33,400 106,600 140,000 37.000 | Data table Liabilities Stockholders' equity: $0.80 cumulative preferred stock, $10 par, 400 shares issued Common stock, $9 par, 6,500 shares issued Paid-in capital in excess of par-common Retained earnings 37,000 4,000 58,500 18,500 22,000 Paid-in capital in excess of par-common Retained earnings Total liabilities and equity $ 18,500 22,000 140,000