The stockholders' equity section of Pina Colada Corp. balance sheet at December 31, 2019, appears below: Stockholders' equity Paid-in capital Common stock, $10 par value, 400,000 shares authorized; 320,000 issued and outstanding Paid-in capital in excess of par Total paid-in capital Retained earnings Total stockholders' equity $3,200,000 1,280,000 4,480,000 910,000 $5.390,000 During 2020, the following stock transactions occurred: Jan. 18 Issued 86,000 shares of common stock at $23 per share. Aug. 20 Purchased 20,000 shares of Pina Colada Corp. common stock at $25 per share to be held in the treasury. (a) 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) Date Account Titles and Explanation Debit Credit