Torio's Cookies (IC) makes little sandwich cookies that are really good crushed up in ice cream. Questions 1 and 2 pertain to IC. 1. (24 points) Journalize the following transactions from IC's perspective: a. On January 1, 1C issues $25,000 worth of stock for cash. b. On Jan 1, 1C purchases a $12,000 oven with cash. The oven is expected to last for six years and will have no value at the end of its life. c. On Jan 1, IC pays $3,000 for insurance coverage from Jan 1 to June 30. d. On Jan 6, I purchases $4,000 worth of inventory on account. e. On Jan 30, IC collects $400 from a customer for a large order that I will deliver the following week. f. On Jan 31, perform the required AJE for transaction (c.)