On May 1,2023, their first day of operations, Nutty's Oil, Inc. issues 2,000 shares of $4 par value common stock for $6 cash per share. Prepare Nutty's journal entry to record the May 1 stock issuance. DR: CR: CR : On May 15, 2023. Nutty's Oil, Inc, issues 5,000 shares of $4 part value common stock for $7 cash per share. Prepare Nutty's journal entry to record the May 1 stock issuance. Nutty's Oil, Inc reports $25,000 net income for the year ending December 31,2023 . Their only equity transactions for 2023 were the two listed above. Prepare Nutty's Statement of Shareholder's Equity as of December 31, 2023