Current Attempt in Progress The stockholders' equity accounts of Sarasota Corp.on January 1, 2022, were as follows. Preferred Stock (7%, $100 par nancumulative, 3,000 shares authorized) Common Stock (SA stated value, 180,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Pald-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (3.000 common shares) $180,000 600.000 9.000 288.000 412800 24000 1 During 2022. the corporation had the following transactions and events pertaining to its stockholders equity. Feb. Issued 2,000 shares of common stock for $18,000 Mar. 20 Purchased 600 additional shares of common treasury stock at 57 per share Oct 1 Declared a 7% cash dividend on preferred stock payable November 1. 1 Paid the dividend declared on October 1 Dec Declared a sos per share dividend to common stockholders of record on December 15, payable December 31 Dec 31 Determined that income for the year was $168.000. Paid the dividend declared on December 1 Nov 1 (a) Joumalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement Credit count titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to decimal places, eg, 5.275) Date Account Titles and Explanation Debit Credit