Rodriguez Corporation issues 11.000 shares of its common stock for $89,300 cash on February 20, Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $6 par value. 2. The stock has neither par nor stated value. 3. The stock has a $3 stated value View transaction list Journal entry worksheet c Record the issue of 11,000 shares of $6 par value common stock for $89,300 cash. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal In Draco Corporation's first year of business, the following transactions affected its equity accounts. Issued 7,800 shares of $2 par value common stock for $56. It authorized 20,000 shares. Issued 1,950 shares of 12%, $10 par value preferred stock for $61. It authorized 3,000 shares. Reacquired 390 shares of common stock for $68 each. Retained earnings is impacted by reported net income of $88,000 and cash dividends of $34.000 Prepare the stockholders' equity section of Draco's balance sheet as of December 31. (Amounts to be deducted should be indicated by a minus sign.) DRACO CORPORATION Stockholden' Equity Section of the Balance Sheet December 31 Total stockholders' equity