The company entered into the following transactions during the year. January 15 Issued 10,000 shares of $1 par common stock for $60,000 cash. January 31 Collected $3,000 from customers on account. February 15 Reacquired 3,100 shares of $1 par conmon stock into treasury for $34,100 cash. March 15 Reissued 2,100 shares of treasury stock for $25,100 cash. August 15 Reissued 600 shares of treasury stock for $4,600 cash. September 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of comnon stock. October 1 Issued 100, 10-year, $1,060 bonds, at a quoted bond price of 101. October 3 Wrote off a $1,500 balance due from a customer who went bankrupt. December 29 Recorded $240,000 of service revenue, all of which was collected in cash. December 30 Paid $210,000 cash for this year's wages through December 31. (Ignore payroll taxes and payroll deductions.) December 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for intere and income taxes.) Issued 100,10 -year, $1,060 bonds, at a quoted bond price of 101 . Record the transaction. Note: Enter debits before credits. Prepare a closing journal entry for the income statement accounts, assuming the events on December 29-31 were the only transactions to affect income statement acounts. Record the transaction. Note: Enter debits before credits