Required information [The following information applies to the questions displayed below] Nicole has been financing Nicole's Getaway Spa (NGS) using equity financing. Currently NGS has authorized 100,000 nopar preferred shares and 200.000$2 par common shares. Outstanding shares include 55,000 preferred shares and 45,000 common shares Recently the following transactions have taken place. a. NGS issues 1,250 preterred shares for $13 a share b. NGS repurchases 1,250 common shares for $12 a share. c. On November 12 , the board of directors declares a $0 to cash dividend on each outstanding preferred share. a. The dividend is paid December 20 equired: Prepare the joumal entrios needed for each of the transactions. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet Aecord the issuance of 1,250 shares of preferred stock with no par value for a price of $13 per share. 1. Prepare the journal entries needed for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 1,250 shares of preferred stock with no par value for a price of $13 per share. Notei Lnter deblits belore credits. 1. Prepare the journal entries needed for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the purchase of 1,250 previously issued common shares for a price of $12 per share. Note: Inter debits before credits. Prepare the journal entries needed for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in in the first account field.) Journal entry worksheet Record the declaration of a $0.10 cash dividend on the shares of preferred stock outstanding. Note: Enter debits before credits. Prepare the journal entries needed for each of the transactions. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet