prepare journal entries, please and thank you!

Required information Problem 102A (Algo) Record equity transactions and indicate the effect on the balance sheet equation (LO102,103,104,105) [The following information applies to the questions displayed below.] Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2024,470 shares of preferred stock and 5,700 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024 : March 1 Isste 2,800 shares of comnon stock for $59 per share. Hay 15 Purchase 570 shares of treasury stock for $52 per share. July 10 Resell 370 shares of treasury stock purchased on May 15 for $57 per share. october 15 Isswe 370 shares of preterred stock for $62 per share. December 1 Declare a caoh dividend on both eormon and preferred stock of $2.20 per share to all stockholders of record on Deceaber 15. (Bint: Dividends are not paid on treasury stoek.) December 31 Day the cash dividende declared on Decenber 1. Donnie Hifiger has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, $470; Common Stock, $57; Additional Paid-in Capital, $84,500; and Retained Earnings, $33,900. Net income for the year ended December 31,2024 , is $14,200. Problem 10-2A (Algo) Part 1 Required: 1. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the flirst account fleld.)