Changes in Shareholders' Equity

On January 1, 2013, the Osgood Film Studios reported the following alphabetical list of shareholders' equity items:

Additional paid-in capital on common stock	$150,875
Additional paid-in capital on preferred stock	15,400
Common stock, $2 par	71,000
Preferred stock, $100 par	77,000
Retained earnings	194,000

During 2013, the company sold 3,600 shares of common stock for $11 per share and 420 shares of preferred stock for $122 per share. It also earned income of $89,000 and paid dividends of $10 per share on the preferred stock and $1.5 per share on the common stock outstanding at the end of 2013.

Required:

Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2013.

	Preferred Stock $100 par	Common Stock $2 par	Additional Paid-in Capital on Preferred Stock	Additional Paid-in Capital on Common Stock	Retained Earnings	Total
Balances, 1/1/13	77,000	71,000	15,400	150,875	194,000	508,275
Common stock issued		?		?		39600
Preferred stock issued	?		?			51240
Net income					89000	89000
Cash dividend paid on preferred					?	?
Cash dividend paid on common					?	?
Balances, 12/31/13	?	?	?	?	?	617,565