The stockholders' equity section of Blossem Company balance sheet at December 31,2019 , appears below: During 2020, the following stock transactions occurred: Jan. 18 issued 88,000 shares of common stock at $23 per share. Aug:20 Purchased 25,000 shares of Blossom Company common stock at $26 per share to be held in the treasury uring 2020, the following stock transactions occurred: Jan.18 Issued 88.000 shares of common stock at $23 per share. Aug. 20 Purchased 25,000 shares of Blossom Company common stock at $26 per share to be held in the treasury. Prepare the journal entries to record the above stock transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Prepare the stockholders' equity section of the balance sheet for Blossom Company at December 31, 2020. Assume that net income for the year was $159,000 and that no dividends were declared. (Enter account name only and do not provide descriptive information.)