Required information [The following information applies to the questions displayed below.) Refer to the following transactions. a. Sold 4,700 shares of $48 par value 9% preferred stock at par. b. Declared the annual dividend on the preferred stock. c. Purchased 450 shares of preferred stock for the treasury at $55 per share. d. Issued 1,500 shares of $3 par value common stock in exchange for land valued at $110,000. e. Sold 206 shares of the treasury stock purchased in transaction c for $58 per share. f. Split the common stock 2-for-1. 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 a. b. c. d. e. f