Suppose that NOLA Company has 20,000 shares of $25 par value common stock issued at $25 per share and outstanding at the beginning of 2021. In 2021, NOLA Company completed the following transactions: 1. January 1: Issued 10,000 shares of $25 par value preferred stock at $25 for cash 2. January 5: Issued 30,000 shares of $25 par value common stock at $35 for cash 3. April 10: Purchased 5,000 shares of treasury stock at $40 per share 4. June 23: The board of directors declared a $0.50 per share cash dividends on outstanding shares of common stock to the July 20 stockholders of record. 5. July 25: Paid the dividend declared on June 23 a. Prepare the journal entries for the following dates: Jan 1: Jan 5: April 10: June 23 July 20: July 25: b. Additionally, NOLA Company has a beginning balance of Retained Earnings $100,000. The current years' net income is $60,000. What is the ending balance of Retained Earnings and total shareholders' equity