Stockholders' Equity: Transactions and Statement The stockholders' equity section of Day Corporation's balance sheet atjanuarv 1 follows: The following transactions affecting stockhoiders' equity occurred during the yean Jan. 8 iswed 15,000 shares of previbushy unissued cominon stod for 123 cash per sharr. Mar. 12.5 old all of the treasury shares for 42.0 cash per share: fuly 10 issued the stock dividend dodared an june 30. Oct. 7. Acquired 1,500 shares of coentivon stock as teasury stock at 528 cash per stare. a. Prepare journal entries to record the foregoing transactions. b. Prepare a statement of stockholders' equity. Net income for the year is $192,000. Statement of Stockholders' Equity