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NAME DATE Oscar, Inc. began operations on January 1, 2020. The company was authorized to issue 500,000 shares of a 510.00 par value common stock,

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NAME DATE Oscar, Inc. began operations on January 1, 2020. The company was authorized to issue 500,000 shares of a 510.00 par value common stock, and 100,000 shares of a 6%, 550.00 par value preferred stock. The following transactions occurred during January, 2020 1/5/20 Issued 20,000 shares of the common stock at 18.00 per share 11/20 Issed 10.000 shares of preferred stock in exchange for land. The fuit market value of the preferred stock was $65.00 per share at the time, and no estimated fair market value of the land was available 11220 Wed 10.000 shares of the common stock and 5,000 shares of the preferred stock. for a total price of $600,000. Both the common and preferred shares were currently selling at pavalo 1/20/20 sed 5.000 slutes of the common stock at $8.00 per share 122720 The company purchased 6,000 shares of the common stock as treasury stock at a cost of $12.00 per share 12720 Resad 4,000 shares of the treasury stock at a price of $14.00 per share 1/28/20 Ressed 1.000 shares of the treasury stock at a price of $9.00 per share 1/10/20 Retired the remaining 1.000 hes of treasury stock. 1/3120 Declared 52.00 pet share dividend on the common shares, payable on March 1, 2020, to shareholders of record on February 15, 2020 1/31/20 Declared and and the perferred stock dividend REQUIRED: Prepare the ones to record the Jury 2000 equity Transactions, assuming that Oscar uses the "cost" method to record treasury stock transactions View Page

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