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Required Information IThe following information applies to the questions displayed below Sun Corporation received a charter that authorized the issuance of 106.000 shares of $4 par common stock and 19.000 shares of $75 par, 4 percent cumulative preferred stock. Sun Corporation compieted the following transactions during its first two years of operation 2018 Jan. 5 Sold 15,960 shares of the $4 par common stock for $6 per share. 12 Sold 1,9ee shares of the 4 percent preferred stock for 385 per share. Apr. 5 Sold 21,200 shares of the $4 par common stock for $8 per share. Dec. 31 During the year, earned $308,7e0 in cash revenue and paid $242,6ee for cash operating expenses 81 Declared the cash dividend on the outstanding shares of preferred stock for 2818 The dividend i be paid on February 1s to stockholders of recond on January 1, 2019 2019 Feb. 15 Paid the cash dividend declared on December 32, 2ens. Mar. 3 Sold 2,85e shares of the $75 par preferred stock for $95 per share. May. 5 Purchased see shares of the common stock as treasury stock at 58 per share. Dec. 31 During the year, earned $249, 788 in cash revenues and paid $177,30 for cash operating expenses 31 Declared the annual dividend on the preferred stock and a se.se per share dividend on the common stock. Required a. Organize the transaction data in accounts under an accounting equation (Enter any decreases to account balances with a mlinus sign. Indlcating to provlde separate effect on accounting equation for Revenue, Operating expense, and "NA" for no effect.) Event Assest Liabilities Capital in Capital in Dividends Cash aaceExcess of Excess of -Treasury Retained Accounts Titles for Preferred Common Stock Earmings Retained Earmings Payable Stock Stock Stock 2018 Jan 12 Apr5 Dec 31 Dec 31 Dec 31 Bal 2010 Feb 15