Selected SLUGA OLLIVI Diamondback Welding & Fabrication Corporation sells and services pipe welding equipment In Illinois. The following selected accounts appear in the ledger of Diamondback Welding & Fabrication at the beginning of the current year: Preferred 2% Stock, $75 par (60,000 shares authorized, 30,000 shares issued) Paid-In Capital in Excess of Par-Preferred Stock Common Stock, $10 par (600,000 shares authorized, 300,000 shares issued) Paid-In Capital in Excess of Par-Common Stock Retained Earnings $2,250,000 360,000 3,000,000 390,000 12,720,000 During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: a. Purchased 36,000 shares of treasury common for $13 per share. b. Sold 18,000 shares of treasury common for $16 per share. c. Issued 15,000 shares of preferred 2% stock at $94. d. Issued 60,000 shares of common stock at $17, receiving cash. e. Sold 12,000 shares of treasury common for $11 per share. f. Declared cash dividends of $1.50 per share on preferred stock and $0.06 per share on common stock. g. Paid the cash dividends. Required: Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. b. d.