The financial statements of Jeremiah Bullfrog Company report the following information at December 31, Year 1. Common stock-$15 par value, 100,000 shares authorized, 50,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity During Year 2, the following transactions affected its stockholders' equity accounts. $ 750,000 80,000 430,000 $ 1,260,000 January 2 Purchased 6,000 shares of its own stock at $25 cash per share. January 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. Paid the dividend declared on January 5. Sold 3,000 of its treasury shares at $29 cash per share. Sold 3,000 of its treasury shares at $21 cash per share. February 28 July 6 August 22 September 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. October 28 Paid the dividend declared on September 5. Prepare journal entries to record each of these transactions.