Thank you for your help.

(1) The shareholders' equity section of Rodman Corporation as of December 31, 2014, follows: Common stock $ 80,000 Additional paid-in-capital (CS) $ 10,000 Retained earnin s 60 000 Total shareholders' equity $150,000 During 2015 the company entered into the following transactions: . Purchased 1,000 shares of treasury stock for $60 per share . As part of a compensation package, reissued half of the treasury stock to executives who exercised the stock options for $20 per share . Subsequent to transaction #2, reissued the remainder of the treasury stock on the open market for $66 per share Provide the journal entries for each transaction, and prepare the shareholders' equity section of the balance sheet as of December 31, 2015. Rodman Corp generated $20,000 in net income during 2015 and did not declare any dividends