The stockholder's equity section of Dotcom Corporation's balance sheet on January 1. 2020 is presented below: Paid-in Capital Preferred Stock, 8% non-cumulative, S100 par value 20,000 shares authorized, 10,000 shares issued and outstanding $ 1,000,000 Common Stock, $10 par value, 500,000 shares authorized, 90,000 shares issued and outstanding....... 900,000 Paid-in Capital in excess of par, Common Stock... 250,000 Total Paid-in Capital $ 2,150,000 Retained Earnings TOTAL STOCKHOLDERS EQUITY 800.000 $ 2.950.000 The following transactions occurred during 2020: Jan 15 - Issued 20,000 shares of common stock for $25 per share Jan 31 - Issued 15,000 shares of common stock for a building valued at $450,000 Feb 1 - Purchased 10,000 shares of treasury stock for $20 per share. Mar I - Issued 5,000 shares of common stock to attoreys for their bill of $100,000 for their services in organizing the corporation. May 1 - Sold 5,000 shares of the treasury stock acquired on February 1 for $30 per share. Dec 31 - Net income for the year is $300,000. Closed the income summary account Instructions: a b. Record the above transactions in the journal (green accounting paper) provided. Post the transactions to the ledger accounts (You may need to add more accounts). Prepare a new stockholder's equity as of December 31, 2020 in good form. c. 7