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Alexander Corporation reports the following components of stockholders equity on December 31, 2016: Common stock$25 par value, 60,000 shares authorized, 37,000 shares issued and outstanding

Alexander Corporation reports the following components of stockholders equity on December 31, 2016:

Common stock$25 par value, 60,000 shares authorized, 37,000 shares issued and outstanding $ 925,000
Paid-in capital in excess of par value, common stock 74,000
Retained earnings 364,000
Total stockholders equity $ 1,363,000

In year 2017, the following transactions affected its stockholders equity accounts.

Jan. 2 Purchased 3,700 shares of its own stock at $25 cash per share.
Jan. 7 Directors declared a $1.50 per share cash dividend payable on February 28 to the February 9 stockholders of record.
Feb. 28 Paid the dividend declared on January 7.
July 9 Sold 1,480 of its treasury shares at $30 cash per share.
Aug. 27 Sold 1,850 of its treasury shares at $20 cash per share.
Sept. 9 Directors declared a $2 per share cash dividend payable on October 22 to the September 23 stockholders of record.
Oct. 22 Paid the dividend declared on September 9.
Dec. 31 Closed the $59,000 credit balance (from net income) in the Income Summary account to Retained Earnings.

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