Bramble Corp. was organized on January $1,2025.$ It is authorized to issue $21,200$ shares of $7\%,$$$50$ par value preferred stock and $474,000$ shares of no$-$par common stock with a stated value of $$1$ per share. The following stock transactions were completed during the first year.

Jan. $10$ Issued $66,600$ 'shares of common stock for cash at $$3$ per share.

Mar. $1$ Issued $13,200$ shares of preferred stock for cash at $$53$ per share.

May $1$ Issued $122,000$ shares of common stock for cash at $$5$ per share.

Sept. $1$ Issued $6,400$ shares of common stock for cash at $$4$ per share.

Nov. $1$ Issued $4,400$ shares of preferred stock for cash at $$56$ per share.