The stockholders' equity section of Kingbird, Inc. balance sheet at December 31, 2019, appears below: During 2020, the following stock transactions occurred: Jan. 18 Issued 87,000 shares of common stock at $22 per share. Aug. 20 Purchased 30,000 shares of Kingbird, Inc. common stock at $25 per share to be held in the treasury. (a) Prepare the joumal entries to record the above stock transactions. (Credit occount 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.)