Can I please also have help with P11-71? The information needed to solve it is above in P11-70.

p11.69. Analyzing and Identifying Financial Statement Effects of Stock Transactions Using the information from P11-68, answer the following. a. Prepare the journal entries for these transactions. b. Post the journal entries to the related T-accounts. 11-70. Identifying and Analyzing Financial Statement Effects of Stock Transactions (FSET) The stockholders' equity of Verrecchia Company at December 31 of the prior year follows. During the current year, the following transactions occurred. Jan. 5 Issued 8,000 shares of common stock for $12 cash per share. Jan. 18 Purchased 3,200 shares of common stock for the treasury at $14 cash per share. Mar. 12 Sold one-fourth of the treasury shares acquired January 18 for $17 cash per share. July 17 Sold 400 shares of the remaining treasury stock for $13 cash per share. Oct. 1 Issued 4,000 shares of 8%,$25 par value preferred stock for $35 cash per share. This is the first issuance of preferred shares from 40,000 authorized shares. REQUIRED a. Using the financial statement effects template, illustrate the effects of each transaction. b. Prepare the December 31 of the current year stockholders' equity section of the balance sheet assuming that the company reports net income of $58,000 for the year. c. How will each transaction affect the calculation of basic EPS? Identifying and Analyzing Financial Statement Effects of Stock Transactions Using the information from P1170, answer the following. a. Prepare the journal entries for these transactions. b. Post the journal entries to the related T-accounts. Identifying and Analyzing Financial Statement Effects of Stock Transactions (FSET)