The Clothing Cove has two classes of stock authorized: $7\%,$$$10$ par preferred, and $$1$ par value common. The following transactions affect stockholders' equity during $2026,$ its first year of operations:Required:Determine the financial statement effects of each of these transactions.Complete this question by entering your answers in the tabs below.January $2$February $6$September $10$December $15$

Issues $100,000$ shares of common stock for $$15$ per share. Determine the financial statement effects of January $2.$

Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction or event, select "There are no financial statement effects" in the first acce