Selected Stock Transactions 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, $150 par (80,000 shares authorized, 40,000 shares issued) $6,000,000 Paid-In Capital in Excess of ParPreferred Stock 960,000 Common Stock, $10 par (500,000 shares authorized, 330,000 shares issued) 3,300,000 Paid-In Capital in Excess of ParCommon Stock 430,000 Retained Earnings 22,663,000 During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: Purchased 30,000 shares of treasury common for $14 per share. Sold 15,000 shares of treasury common for $17 per share. Issued 20,000 shares of preferred 2% stock at $169. Issued 50,000 shares of common stock at $15, receiving cash. Sold 10,000 shares of treasury common for $12 per share. Declared cash dividends of $3.00 per share on preferred stock and $0.06 per share on common stock. Paid the cash dividends. Required: Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank.