Presented below is information related to Wyrick Company: 01/01/2020 Wyrick was granted a charter that authorizes it to issue 40,000 shares of no-par common stock and 15,000 shares of $100 par value preferred stock. 01/10/2020 Wyrick issued 12,000 shares of common stock for cash of $37 per share. 02/01/2020 Wyrick issued 3,000 shares of preferred stock in exchange for land. The Board of Directors decided that the land should be valued at $400,000. 07/01/2020 Wyrick repurchased 1,000 shares of common stock for cash of $40 per share. Wyrick accounts for treasury stock using the cost method. 09/01/2020 Wyrick sold 600 of those treasury shares for cash of $45 per share.

Required: Prepare dated journal entries to record these events. If an event does not require a journal entry, write the words No entry next to the date of that event.

Present value of a single payment of $1 n 4% 5% 6% 8% 10% 12% 14% 16% 2 0.9246 0.9070 0.8900 0.8573 0.8264 0.7432 3 0.8396 0.7938 0.6407 0.7513 0.6830 4 0.7921 0.7350 0.5523 0.7972 0.7118 0.6355 0.5674 0.5066 0.8638 0.8227 0.7835 0.7462 0.8890 0.8548 0.8219 0.7903 0.7599 0.7307 0.7026 0.6209 5 6 0.7473 0.7050 0.7695 0.6750 0.5921 0.5194 0.4556 0.3996 0.3506 0.3075 0.5645 7 0.7107 0.6651 0.4523 0.4761 0.4104 0.3538 0.3050 0.2630 0.2267 8 0.6806 0.6302 0.5835 0.5403 0.5002 0.4632 0.4289 0.6274 0.4039 9 0.5919 0.6768 0.6446 0.6139 0.5847 0.5568 0.3606 0.3220 10 0.6756 0.6496 0.2697 0.5584 0.5268 11 0.2875 0.2366 0.1954 0.5132 0.4665 0.4241 0.3855 0.3505 0.3186 0.2897 0.2633 0.2394 0.2176 12 0.6246 0.4970 0.3971 0.2567 0.2076 0.2292 0.2046 0.1827 0.1631 0.1821 0.1597 0.1401 0.1229 0.1685 0.1452 0.1252 0.1079 0.0930 0.0802 0.0691 0.0596 0.1978 0.1456 0.1078 0.1300 0.1799 0.1635 0.1486 0.1161 0.1037 0.0946 0.0829 0.0728 0.0514 14% 13 0.6006 0.5303 0.4688 0.3677 14 0.5775 0.5051 0.4423 0.3405 15 0.5553 0.4810 0.4173 0.3152 16 0.5339 0.4581 0.3936 0.2919 17 0.5134 0.4363 0.3714 0.2703 18 0.4936 0.4155 0.3503 0.2502 19 0.4746 0.3957 0.3305 0.2317 20 0.4564 0.3769 0.3118 0.2145 Present value of an ordinary annuity of $1 n 4% 5% 6% 8% 2 1.8861 1.8594 1.8334 1.7833 3 2.7751 2.7232 2.6730 2.5771 4 3.6299 3.5460 3.4651 3.3121 5 4.4518 4.3295 4.2124 3.9927 6 5.2421 5.0757 4.9173 4.6229 7 6.0021 5.7864 5.5824 5.2064 8 6.7327 6.4632 6.2098 5.7466 9 7.4353 7.1078 6.8017 6.2469 10 8.1109 7.7217 7.3601 6.7101 11 8.7605 8.3064 7.8869 7.1390 12 9.3851 8.8633 8.3838 7.5361 13 9.9856 9.3936 8.8527 7.9038 14 10.5631 9.8986 9.2950 8.2442 15 11.1184 10.3797 9.7122 8.5595 16 11.6523 10.8378 10.1059 8.8514 17 12.1657 11.2741 10.4773 9.1216 18 12.6593 11.6896 10.8276 9.3719 19 13.1339 12.0853 11.1581 9.6036 20 13.5903 12.4622 11.4699 9.8181 10% 1.7355 2.4869 3.1699 3.7908 4.3553 4.8684 5.3349 5.7590 6.1446 6.4951 6.8137 7.1034 7.3667 7.6061 7.8237 8.0216 12% 1.6901 2.4018 3.0373 3.6048 4.1114 4.5638 4.9676 5.3282 5.6502 5.9377 6.1944 6.4235 6.6282 6.8109 6.9740 7.1196 7.2497 7.3658 7.4694 1.6467 2.3216 2.9137 3.4331 3.8887 4.2883 4.6389 4.9464 5.2161 5.4527 5.6603 5.8424 6.0021 6.1422 6.2651 6.3729 6.4674 6.5504 6.6231 16% 1.6052 2.2459 2.7982 3.2743 3.6847 4.0386 4.3436 4.6065 4.8332 5.0286 5.1971 5.3423 5.4675 5.5755 5.6685 5.7487 5.8178 5.8775 5.9288 8.2014 8.3649 8.5136