Required Information (The following information applies to the questions displayed below) Refer to the following transactions o. Sold 2,020 shares of $10 par value preferred stock at $13,50 per share b. Declared the annual cash dividend of $37 per share on common stock. There were 8,700 shares of $1 par value common stock issued and outstanding throughout the year c.Issued 2700 shares of $10.5 par value preferred stock in exchange for a building when the market price of preferred stock was $14 per share. d. Purchased 150 shares of preferred stock for the treasury at a price of 510.00 per share. e. Sold 120 shares of the preferred stock held in treasury (see d) for $17 per share 1. Declared and issued a 18% stock dividend on the S1 par value common stock (see b) when the market price per share was $38 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.) View transaction list Journal entry worksheet Record the sale of 2,020 shares of 510 par value preferred stock at $13.5 per share Note Enter debits before credit Transaction General Journal Debit Credit Record entry Clear entry View general journal