Current Attempt in Progress

Bonita Company reported the following amounts in the stockholders' equity section of its December $31,2024,$ balance sheet.

Preferred stock, $9\%,$ $$100$ par $(10,000$ shares authorized, $1,800$ shares issued$),$$$180,000$

Common stock, $$5$ par $(96,000$ shares authorized, $19,200$ shares issued$)$

$96,000$

Additional paid$-$in capital

$113,000$

Retained earnings

$449,000$

Total

$$838,000$

During $2025,$ Bonita took part in the following transactions concerning stockholders' equity.

Paid the annual $2024$$$9$ per share dividend on preferred stock and a $$2$ per share dividend on common stock. These dividends had been declared on December $31,2024.$

Purchased $1,800$ shares of its own outstanding common stock for $$42$ per share. Bonita uses the cost method.

Reissued $800$ treasury shares for land valued at $$34,500.$

Issued $460$ shares of preferred stock at $$104$ per share.