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Nash Company reported the following amounts in the stockhiolders' equity section of its December 31,2024 , balance sheet. During 2025. Nash took part in the

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Nash Company reported the following amounts in the stockhiolders' equity section of its December 31,2024 , balance sheet. During 2025. Nash took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2024$9 per share dividend on preferred stock and a $2 per share dividend on common stock These dividends had been declared on December 31, 2024. 2. Purchased 1,600 shares of its own outstanding common stock for $39 per share, Nash uses the cost method. 3. Reissued 800 treasury shares for land valued at $31.600. 4. Issued 460 shares of preferred stock at $103 per share. 5. Declared a 108 stock dividend on the outstanding common stock when the stockis selling for $42 per share. 6. Issued the stock dividend. 7. Declared the annual 2025$9 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2026. Prepare journal entries to record the transactions described above. (List all debit entries before credit entries. Credit occount tieles are outomatically indented when the amount is entered, Do not indent manuolly. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts.) Prepare the Decmber 31,2025 , stockholders equity section. Assume 2025 net income was $316000. (Enter occount nome only Do not provide any desorptive information)

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