Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2016, were as follows: Record on journal page 10 Jan Feb May 3 Issued 15,000 shares of $20 par common stock at $30, receiving cash. 15 Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash Issued $500,000 of 10 year, 5% bonds at 104, with interest payable semiannually. 16 Declared a dividend of $0.50 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 treasury shares were held, and 20,000 shares of preferred stock were outstanding Journalize this transaction as a single entry 26 Paid the cash dividends declared on May 16. 1 Purchased 7,500 shares of Solstice Corp. at $40 per share, plus a $150 brokerage commission The investment is classified as an available for sale investment 8 Purchased 8,000 shares of treasury common stock at $33 per share 22 Purchased 40,000 shares of Pinkberry Co stock directly from the founders for $24 per share Pinkberry has 125.000 shares issued and outstanding Equinox Products Inc treated the investment as an equity method investment Jun