(a) Bal. (b) Feb. 1. Mar. 20 Oct. 1 Assets Liabilities Cash 30000 -8000 Div. Pay. i 21000 Nov. 1 -21000 i -21000 Dec. 1 174300 174300 Dec. 31 195300 Paid-in-Capital Common Stock PIC in Excess of Stated Value Com. Pref. Stock 1,000,000 480,000 20000 10000 300000 Stockholders' Equity PIC in Excess of Par Value Pref Treasury Stock Revenue. Expense 15,000 40,000 -8000 Retained Earnings Dividend Common stock 21000 Preferred stock 195300