Whispering Winds Corp

Whispering Winds Corp. has been authorized to issue 20,600 shares of $100 par value, 7%, noncumulative preferred stock and 1,160,000 shares of no-par common stock.

The corporation assigned a $5 stated value to the common stock. At December 31, 2022, the ledger contained the following balances pertaining to stockholders' equity.

Preferred Stock$156,000

Paid-in Capital in Excess of Par Value—Preferred Stock21,600

Common Stock1,990,000

Paid-in Capital in Excess of Stated Value—

Common Stock 1,570,000

Treasury Stock (4,160 common shares) 41,600

Retained Earnings83,600

Accumulated Other Comprehensive Income 49,600

The preferred stock was issued for $177,600 cash. All common stock issued was for cash. In November 4,160 shares of common stock were purchased for the treasury at a per share cost of $10. No dividends were declared in 2022.

Can you help me with Journaling

(1)Issuance of preferred stock for cash.

(2)Issuance of common stock for cash.

(3)Purchase of common treasury stock for cash.