Nicole has been financing Nicole's Getaway Spa (NGS) using equity financing. Currently NGS has authorized 100,000 nopar preferred shares and 200,000$2 par common shares. Outstanding shares include 54,000 preferred shares and 44,000 common shares. Recently the following transactions have taken place. a. NGS issues 1,200 preferred shares for $11 a share. b. NGS repurchases 1,200 common shares for $10 a share. c. On November 12, the board of directors declores a $0.50 cash dividend on each outstanding preferred share. d. The dividend is paid December 20 . Required: 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.) Show the overall effect of each transaction on the assets, liabilities, and shareholders' equity of the company, (Use + for increase, for decrease, and NE for no effect.)