Selected Stock Transactions Diamondback Weiding s Fabrication Corporation selis and services pipe welding equipment in rilinois. The following selected accounts appear in the ledger of Diamondback Welding 8 Fabrication at the beginning of the current year: Duning the vear, the corporation completed a number of transactions affecting the stockholders equity. They are summarized as foniows: a. Purchased 42,000 shares of treasurv common for $11 per share. b. Sold 21,000 shares of treasury common for $14 per share. c. Issued 23,000 shares of preferred 2% stock at $187. d. Issued 70,000 shares of common stock at $17, receiving cash. e. Sold 14,000 shares of treasury common for $9 per share. 1. Declared cash dividends of $3.50 per share on preferped stock and 50.08 per share on common stock. 9. Paid the cash dividends Journalize the entries to record the transactions. If : it blank