Required information [The following information applies to the questions displayed below.) Sun Corporation received a charter that authorized the issuance of 98,000 shares of $7 par common stock and 20,000 shares of $125 par, 5 percent cumulative preferred stock. Sun Corporation completed the following transactions during its first two years of operation: 2018 Jan. 5 Sold 14,700 shares of the $7 par common stock for $9 per share. 12 Sold 2,000 shares of the 5 percent preferred stock for $135 per share. Apr. 5 Sold 19,600 shares of the $7 par common stock for $11 per share. Dec. 31 During the year, earned $313,800 in cash revenue and paid $237,300 for cash operating expenses. 31 Declared the cash dividend on the outstanding shares of preferred stock for 2018. The dividend will be paid on February 15 to stockholders of record on January 10, 2019. 2019 Teb. 15 Paid the cash dividend declared on December 31, 2018 Mar. 3 Sold 3,000 shares of the $125 par preferred stock for $145 per share. May. 5 Purchased 400 shares of the common stock as treasury stock at $14 per Bhare. Dec.31 During the year, earned $250,000 in cash revenues and paid $172,900 for canh operating expenses. 31 Declared the annual dividend on the preferred stock and a $0.25 per share dividend on the common stock. Required a. Organize the transaction data in accounts under an accounting equation (Enter any decreases to account balances with a minus sign. Indicating to provide separate effect on accounting equation for Revenue, Operating expense, and leave the cell blank if there is no effect.)