Ocean View Properties, reported the following account balances on January 1 . The company entered into the following transactions during the yeat, January 15 Issued 21 , ee0 shares of $1 par comon stock for $82, 00e cash. Jamuary 31 collected $3, eee fron customers on account. February 15 heacquired 3,320 shares of \$1 par comnon stock into treasury for $36,520 cash. March 15 heisused 2,320 shares of treasury stock for $27,520 cash. August 15 Reissued 600 shares of treasury stock for $4,600 cash. september 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of comon stock. october 1 Issued 100, 10-year, \$1,170 bonds, at a quoted bond price of 101 . October 3 Wrote off a $1, see balance due from a custaner who went bankrupt. Decenber 29 Recorded $262, e00 of service revenue, a11 of which was collected in cash. decenber 30 Paid $232,000 cash for this year's wages through Decenber 31. (Ignore payroll taxes and payroll deductions.) December 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustaents for interest and incone Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the fi field.) Journal entry worksheet 567813 Issued 21,000 shares of $1 par common stock for $82,000 cash. Record the transaction. Notet Enter debits before credits Use the dropdowns to select the accounts properly inchuded on the classified balance sheet. However, you will need to enter the amount of Retained eamings. At the end of the year, the adjusted net income was $20,000. Calculate the Debt to Assets Ratio and analyze the impact of the Debt to Assets Ratio. (Round your answer to 2 decimal places.)