Date Account Titles and Explanation Jan. 10 v Cash Paid-in Capital in Excess of Par-Preferred Stock Preferred Stock Feb. 8 v Treasury Stock Cash May 9 Common Stock Dividends Payable Jun. 81 Common Stock Dividends Payable Jun. 10 v Dividends Payable Cash Debit 11655000 141000 999000 2422620 999000 Jul. 10 Dividends Payable 2422620 Cash Dec. 31 v Cash Dividends 3695000 Credit 11100000 555000 141000 999000 2422620 999000 2422620