Nicole has been financing Nicole's Getaway Spa (NGS) using equity financing. Currently, NGS has authorized 100,000 $0.29 preferred shares and 200,000 common shares. Outstanding shares include 49,000 preferred shares and 39,000 common shares. Recently the following transactions have taken place. a. NGS repurchased and cancelled 1,000 common shares for $11.10 a share. b. NGS issued 1,000 preferred shares for $13.10 a share. c. On November 12, the board of directors declared a cash dividend on each outstanding preferred share. d. The dividend was paid December 20. ces Required: 1. Prepare the journal entries needed for each of the transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet