THIS IS A THREE-PART QUESTION: ABC Company has the following balances in its Stockholders' Equity accounts: Common stock, $5 par, 200,000 shares outstanding Paid-in capital in excess of par, common stock Retained earnings Accumulated other comprehensive income Total stockholders equity Prepare journal entries to record the following transaction: $ 1,000,000 1,200,000 2,000,000 200,000 $ 4,400,000 On February 1 you purchase 8,000 shares of your own common stock for $10 per share.