Your answer is partially correct. Try again. Sandhill Co. had these transactions during the current period. June 12 Issued 87,000 shares of $1 par value common stock for cash of $326,250. July 11 Issued 2,750 shares of $103 par value preferred stock for cash at $110 per share. Nov. 28 Purchased 2,150 shares of treasury stock for $7,900. Prepare a tabular summary to record the Sandhill Co. transactions. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced.) Assets Liabilities + Stockholders' Equity Pald-in-Capital Pret Stock Retained Earnings - Expense . Cash Common Stock PIC in Excess of Par Com. PIC in Excess of Par Pref. Treasury Stock + Revenue Dividend June 22 J J -87,000 July 11 87,000 103,000 2,150 Nov. 28 2150 Ti 11 Click if you would like to Show Work for this question: Open Show Work