Selected Stock Transactions Diamondback Welding \& Fabrication Corporation selis and services plpe welding equipment in liainois. The following selected accounts appear in the ledger of Diamondback Welding 8 Fabrication at the beginning of the current year: During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summariaed as follows: a. Purchased 48,000 shares of treasury common for $25 per share. b. Sold 24,000 shares of treasury common for $28 per share. c. Issued 20,000 shares of preferred 2% stock at $118. d. Issued 80,000 shares of common stock at $73, receiving cash. e. Sold 16,000 shares of treasury common for $23 per share. f. Declared cash dividends of $2.00 per share on preferred stock and $0.10 per share on common stock. 9. Paid the cash dividends. Requiredt Joumalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. a. Journalize the entries to record the transactions. biank. 3 more Check My Work uses remaining. 3 more Check My Work uses remaining