Transaction A is which of the following transactions:

Issuance of new equity

Repurchase of shares

Reissuance of treasury shares

Dividends declared

Retirement of shares

Transaction B is which of the following transactions:

Issuance of new equity

Repurchase of shares

Reissuance of treasury shares

Dividends declared

Retirement of shares

Transaction C is which of the following transactions:

Issuance of new equity

Repurchase of shares

Reissuance of treasury shares

Dividends declared

Retirement of shares

Provide the journal entry associated with Transaction C (2 points). What effect would this transaction have on Hawkeye Corps net income (2 points)?

Hawkeye Corp. Statement of Shareholders' Equity For the fiscal year ending December 31, 2019 Common Paid-In Treasury Retained Earnings Total Stock(Par) Capital Stock December 31, 2018 Balance 1,180 3,755 (497) 1,976 6,414 Net Income 722 722 Transaction A 60 520 580 Transaction B (190) (190) Transaction C (126) 227 101 December 31, 2019 Balance 1,240 4,149 (270) 2,508 7,033