Prepare journal entries for the following transactions (5 pts per journal entry) Opening Data: C/S $2.00 par, 0 shares outstanding P/S $100 par, 4%, cumulative. O shares outstanding Jan. 5. Sold 70,000 shares of Common Stock for $7 per share. Feb. 6. Purchased 2,000 shares of our own Common Stockow called Treasury Stock for $5/share. Mar. 7. Declared a $0.09 per share Common Stock cash dividend to shareholders of record on March 15 to be paid March 29. Mar. 8. Declared an annual cash dividend on the Preferred Stock to shareholders of record on March 15 to be paid on March 30. Mar. 9. Declared a small a 3% Common Stock Dividend, market value of each share is $13 per share to shareholders of record March 15 to be issued March 31