Wilton Co. Had 20,000 shares of $1 per value common stock outstanding, with no treasury stock on January, 2012. The following transactions affected its stockholders' equity accounts in 2012. Aug.12 Issued 8,000 shares of common stock for $388,200 cash. Sept. 24 Purchased $4,200 of its own stock at $44 per share for $184,800. Nov.28 Sold $2,400 shares of its treasury stock for $48 per share for $115,200. Dec. 12 Sold $1,200 shares of its treasury stock for $42 per share for $ 50,400. Dec. 15 Declared an $82,000 dividend on common stock. Dec. 31 Paid the dividend declared on December 15th. Required: Prepare Journal entries to record the transactions in 2012.