Cookie Corn Company reported the following summarized Balance Sheet at December 31, 2020: Assets Current assets.........

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Cookie Corn Company reported the following summarized BalanceSheet at December 31, 2020:
Assets
Currentassets..................................................................€33,500
Property and equipment, net.............................................63,100
Totalassets............................................................................96,600
Liabilities and Equity
Liabilities..........................................................................37,600
Shareholders’ equity:
€0.80 cumulative preference share, €15 par,
400 sharesissued.............................................................6,000
Ordinary share, €2 par, 6,300 sharesissued......................12,600
Paid-in capital in excess of par.........................................17,400
Retainedearnings...............................................................23,000
Total liabilities andequity......................................................96,600
During 2020, Cookie Corn Company completed thesetransactions that affected shareholders’ equity:
Feb. 13 Issued 5,200 ordinary shares for €7 per share.
Jun. 7 Declared the regular cash dividend on the preferenceshare.
Jun. 24 Paid the cash dividend.
Aug. 9 Distributed a 20% sharedividend on the ordinary share. Market price of the ordinaryshare was €8 per share.
Oct. 26 Reacquired 900 ordinary shares as treasuryshares, paying €9 per share.
Nov. 20 Sold 600 shares of the treasury shares for €14 pershare.
Requirements:
1. Journalize Cookie Corn Company’s transactions.
2. Report Cookie Corn’s shareholders’ equity at December 31,2020. Net income for 2020 was
€24,000.