Q1 t Sunshine Company had the following transactions in 2014 , its first year of operations. (35 posnts) at $20.00 Issued 10,000 shares of common stoek. Stock has par value of $1.00 per share and was issued - Issued 15,000,10%, preferred shares at pur. Par value of preferred stoek is $10. - Farmed net incorne ef $250,000. - Declared dividends of $60,000. Neypiremerris: a. Journalize the issuance of common stocks b. Journalire the issuance of preferted stocks. c. Journalize the elosing entries for net income C. Journafize the closimg entries for net income d. Caleulate the preferred dividend and common dividend for 2013 and journalize the declaration of dividends. c. Prepare the stockholders" equity section of Sunshine Company"s balance sheet as at December 31,2014 Q2: On January 1, 2014, Acndemy Company issued 8%,20-year bond payable with maturity value of $600,000. The bonds paty interest on July 1 and December 31 . Company arnortizes bond discount by straight-line method. The issue price of the bond is 95. show the caleulationstl Requiremenrs: a. Calculate the issue price of the bond. b. Journalize the issuance of the bonds on January 1,2014. c. Journalize the semiannual interest payment and amortization of bond discount on July 1,2014 . d. Journalize the interest payment on Dec 31,2014 Q3: The following transactions of Golden Company occurred during 2015 and beginning balance of Warranty Payable given as follows. Requirements: 1. Journalize the transactions. Show your calculations. 2. Calculate and show the ending balance of warranty payable