Current Attempt in Progress

The stockholders' equity accounts of Bramble Corp. on January $1,2022,$ were as follows.

Preferred Stock $(7\%,$ $$100$ par noncumulative, $4,500$ shares authorized$)$ $$270,000$

Common Stock $($ $$4$ stated value, $270,000$ shares authorized$),900,000$

Paid$-$in Capital in Excess of Par Value$-$Preferred Stock $13,500$

Paid$-$in Capital in Excess of Stated Value$-$Common Stock $432,000$

Retained Earnings $,619,200$

Treasury Stock $(4,500$ common shares$)36,000$

During $2022,$ the corporation had the following transactions and events pertaining to its stockholders' equity.

Feb. $1$ Issued $4,500$ shares of common stock for $$27,000.$

Mar. $20$ Purchased $900$ additional shares of common treasury stock at $$7$ per share.

Oct. $1$ Declared a $7\%$ cash dividend on preferred stock, payable November $1.$

Nov. $1$ Paid the dividend declared on October $1.$

Dec. $1$ Declared a $$0\mathrm{.}50$ per share cash dividend to common stockholders of record on December $15,$ payable December $31,2$

Dec. $31$ Determined that net income for the year was $$254,000.$ Paid the dividend declared on December $1.$