Odom Company has the following stockholders' equity accounts on any 1.2020 points) Common Stock (1,600,000 shares) Paid in Capital in Excess of Par Retained Earnings Total Stockholders' Equity Prepare journal entries for the following transactions 51.600.000 200,000 500.000 $2.300.000 1. On January 5, 2020, issued 40,000 shares of S1 par value common stock for $130,000 points) Account Titles Debit Credit 2. On May 15, 2020, purchased 5,000 shares of its common stock for $6 per share. (3 points) Account Titles Debit Credit 3. On July 1, declared a S1 cash dividend per outstanding share to stockholders of record on Ju payable August 1 (3 points) Account Titles Debit Credit 4. On August 1, paid the dividend declared in July (2 points) Account Titles Debit Credit