step by step for requirement A and B please. thank you!

*record the journal entry transactions. sorry about that i forgot to tag the second photo

land Decer 1 2s PROBLEM 2 At December 31, 2016 Schinn Bicycle Corporation reported the following in their stockholders' equity accounts shown below Common Stock, $0.50 par value, 1,000,000 shares 1 authorized, 200,000 shares issued and outstanding $100,000 1,900,000 Paid-in-capital in excess of par-common Retained Eamings 1,000.000 $3,000,000 Total Stockholders' Equity During 2017 Schwinn entered into the following transactions in the order presented a Isrued 20,000 shares of common stock for $15 per share b. Purchased for the first time 300 shares of treasury stock at $8 per share, Before the end of the vear, Paramount sold 200 of these shares for $10 per ahare O ee ACA m Fms t Phed for the ist te E 1,900,000 APaid-in-capital in excess of par-common s Retained Earnings 1,000,000 $3.000,000 6 Total Stockholders' Equity During 2017 Schwinn entered into the following transactions in the order presented: a. Issued 20,000 shares of common stock for $15 per share. b. Purchased for the first time 300 shares of treasury stock at $8 per share. Before the lend of the year, Paramount sold 200 of these shares for $10 per dhare. c. Declared dividends of $0.20 per share on all outstanding common atock on December 31, 2017. The dividends were not paid until 2018. 10 1Requirement: Record the above transactions for Schwinn during 2017. 13 Date Accounts Debit Credit 14 A O toe