Common stock, par $10, authorized 100,000 shares, issued 10,000 shares	$100,000
Additional paid-in capital	50,000
Retained earnings	160,000

During 2019, the following selected transactions occurred and the net income for the year ended December 31, 2019 was $50,000

1	March 1	Issued 2,000 shares of common stock for $14 per share
2	May 1	600 shares of treasury stock were purchased at $11 per share.
3	Sept. 1	Sold 400 shares of the treasury shares for $12
4	Dec 1	Declared a cash dividend of $2.00 per share outstanding. To be paid in 2020

For each item 1-4 above prepare the necessary journal entries to record the transaction in order of occurrence.

1. How many shares of common stock are outstanding at 12/31/2019?
2. What is the balance of the Additional paid in capital account at 12/31/2019?
3. What is the balance of the Retained Earnings account at 12/31/2019?