Blossom Company had these transactions during the current period.

June $12$ Issued $82,000$ shares of $$1$ par value common stock for cash of $$307,500.$

July $11$ Issued $3,700$ shares of $$100$ par value preferred stock for cash at $$104$ per share.

NoV. $28$ Purchased $2,450$ shares of treasury stock for $$8,800.$

Prepare a tabular summary to record the Blossom Company transactions. Include margin explanations for the changes in revenues and expenses. $($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$