b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity. 3. Assuming a market price per share of $170 for the preferred stock and $19 for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share (a) for preferred stock and (b) for common stock. Round your answers to two decimal places. Preferred stock Common stock % % composed of 30,000 shares of cumulative, preferred 3% stock, $100 par, and 100,000 shares of common stock, $15 par. Required: the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". 2. Determine the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two decimal places. Average annual dividend for preferred Average annual dividend for common $ $ per share per share 4,200 of the reacquired shares at $95 per share. The remaining 1,800 shares were sold at $81 per share on November 23 . a. Journalize the transactions of July 9 , September 22 , and November 23 . If an amount box does not require an entry, leave it blank. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? $ c. For what reasons might Mystic Lake Inc. have purchased the treasury stock? year. If no entry is required, select "No entry required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates