Refer to the following transactions. a. Sold 4,100 shares of $50 par value preferred stock at $52.50 per share. b. Declared the annual cash dividend of $2.20 per share on common stock. There were 5,600 shares of $1 par value common stock issued and outstanding throughout the year. c. Issued 8,000 shares of $50 par value preferred stock in exchange for a building when the market price of preferred stock was $54 per share. d. Purchased 1,700 shares of preferred stock for the treasury at a price of $57 per share. e. Sold 1,100 shares of the preferred stock held in treasury (see d) for $58 per share. f. Declared and issued a 12% stock dividend on the $1 par value common stock (see b) when the market price per share was $44. Required: Show the effect (if any) of each of the above transactions on each financial statement category by selecting a plus (+) or minus (-) sign and the amount in the appropriate column. Do not show items that affect net income in the retained earnings column. Transaction Cash Other Assets Liabilities Paid-in Capital Retained Earnings Treasury Stock Net Income d. In a. Sold 4,100 shares of $50 par value preferred stock at $52.50 per share. b. Declared the annual cash dividend of $2.20 per share on common stock. There were 5,600 shares of $1 par value common stock issued and outstanding throughout the year. C. Issued 8,000 shares of $50 par value preferred stock in exchange for a building when the market price of preferred stock was $54 per share. d. Purchased 1,700 shares of preferred stock for the treasury at a price of $57 per share. e. Sold 1,100 shares of the preferred stock held in treasury (see d) for $58 per share. f. Declared and issued a 12% stock dividend on the $1 par value common stock (see b) when the market price per share was $44. Prepare the journal entries to record each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet