=+EX 13-22 Selected dividend transactions, stock split objs. 4, 7 Crystal Arts, Inc., had earnings of $160,000 for 2010. The company had 20,000 shares of common stock outstanding during the year. In addition, the company issued 2,000 shares of $100 par value preferred stock on January 3, 2010. The preferred stock has a dividend of $7 per share. There were no transactions in either common or preferred stock during 2010.