Question 4 a. Issued 1,000 shares of$100 par common stock at $152 for cash. b. Purchased 100 shares oftrcasury stock at $150. c. The board of directors reduced the par of common shares from $100 to $20, This action increased the number of outstanding shares to 4,500. d. Declared a dividend of $2.00 per share on the outstanding shares of common stock. e. Paid the dividend declared. f. Declared a 10% stock dividend on the common stock outstanding {the fair market value of the stock to be issued is $30). Required a. Present entries to record the transactions