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Selected Stack Tramention 2. tanued 50,000 shares of common stock at 139, enceining caih. c. Purthased 30,000 ahares of treatury comman for 130 per sharn.

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Selected Stack Tramention 2. tanued 50,000 shares of common stock at 139, enceining caih. c. Purthased 30,000 ahares of treatury comman for 130 per sharn. 2. Fid the cash dividenas. Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. a. Issued 50,000 shares of common stock at \$31, receiving cash. b. Issued \&, 000 shares of preferred 2% stock at $68. c. Purchased 30,000 shares of treasury comenen for $30 per share. d. Sold 15,000 shares of treasury common for $33 per thare. e. Sold 10,000 shares of treasury common for $28 per share. f. Declared cash dividends of $1.00 per share on preferted stock and $0.10 per share on common stock

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