The company entered into the following transactions during the year. January 15 Issued 21 , ea0 shares of $1 par comeon stock for $82, eee cash. January 31 collected $3,080 fron custorers on account. february 15 Reacquired 3,320 shares of $1 par common stock into treasury for $36,520 cash. March 15 Reissued 2,320 shares of treasury stock for $27,520 cash. August 15 Reissued 600 shares of treasury stock for $4,609 cash. Septenber 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of connon stock. october 1 Issued 10e, 10-year, $1,170 bonds, at a quoted bond price of 101. october 3 Wrote off a $1, see balance due fron a custoner who went bankrupt. December 29 Recorded $262, 60 of service revenue, all of which was collected in cash. December 30 Paid $232, 0ee cash for this year's wages through Decenber 31 . (Ignore payroll taxes and payroll deductions.) December 31 Calculated $10,0e0 of depreciation for the year to be recorded. (Ignore accrual adjustments for interest and income Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first accour field.) Journal entry worksheet Issued 21,000 shares of $1 par common stock for $82,000 cash. Record the transaction. Note: Enter debit before credite. Use the dropdowns to select the accounts properly included on the classified balance sheet. However, you will need to enter tha amount of Retained earninos. At the end of the year, the adjusted net income was $20,000. Calculate the Debt to Assets Ratio and analyze the impact of the Debt to Assets Ratio. (Round your answer to 2 decimal places.)