Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8 were as follows Record on journal page 10 Jan. 3 Issued 15,000 shares of $20 par common stock at $30, receiving cash Feb 15 issued 4,000 shares of S80 par preferred 596 Stock at S100, receiving cash. May issued S500 000 of 10-year 5% bonds at 104, with interest payable semiannually. 1 16 Declared a quarterly dividend of S0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record 100.000 shares of common stock were outstanding, no teasuny shares were held, and 20 000 shares of preferred stock were outstanding Paid the cash dividends declared on May 16 26 Purchased 8,000 shares of treasury common stock at $33 per share 8 Jun. Declared a $1.00 quarterly cash dividend per share on preferred stock On the date of record, 20,000 30 shares of preferred stock had been issued Jul. 11 Paid the cash dividends to the preferred stockholders Record on journal page 11 Sold, at $38 per share, 2.600 shares of treasury common stock purchased on Jun. 8. 7 Oct Recorded the payment of semiannual interest on the bonds issued on May 1 and the amortization of 31 the premium for six months. The amortization is determined using the straight-line method Required: Refer to the Chart of Accounts for exact wording of account titles Note on May 16 record the deciaration Journalize the selected transactions. Refer to the Chat of Accounts for exact 1. of dividends for common shares and the declaration of dividends for preferred shares as two separate entries