a. Problem 3 (20 Points): Chapter 11 During 2014 the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: April 1 Purchased in the market 200 shares of the company's own common stock at $20 per share. b. June 14 Sold 40 shares of treasure stock for $25 cash per share. c. Sept. 1 Sold 30 shares of treasure stock for $15 cash per share. Required: 1. Give journal entries for each of these transactions. (15 Points) 2. Describe the impact, if any, that these transactions have on the income statement. (5 Points)