11-2A (Part Level Submission)

The stockholders equity accounts of Miley Corporation on January 1, 2014, were as follows.

Preferred Stock (7%, $100par noncumulative,4,500shares authorized)	$270,000
Common Stock ($5stated value,295,900shares authorized)	1,183,600
Paid-in Capital in Excess of Par ValuePreferred Stock	10,800
Paid-in Capital in Excess of Stated ValueCommon Stock	473,440
Retained Earnings	682,800
Treasury Stock(4,500common shares)	36,000

During 2014, the corporation had the following transactions and events pertaining to its stockholders equity.

Feb.1	Issued4,900shares of common stock for $34,300.
Mar.20	Purchased1,180additional shares of common treasury stock at $8per share.
Oct.1	Declared a7% cash dividend on preferred stock, payable November 1.
Nov.1	Paid the dividend declared on October 1.
Dec.1	Declared a $0.60per share cash dividend to common stockholders of record on December 15, payable December 31, 2014.
Dec.31	Determined that net income for the year was $275,600. Paid the dividend declared on December 1.