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Diane's Designs has two classes of stock authorized: 7 % , $ 1 0 par value preferred and $ 1 par value common. The following

Diane's Designs has two classes of stock authorized: 7%,$10 par value preferred and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations:
January 1 Issue 300,000 shares of common stock for $16 per share.
February 6 Issue 1,100 shares of preferred stock for $12 per share.
October 10 Purchase 11,000 shares of its own common stock for $15 per share.
November 12 Resell 5,000 shares of treasury stock at $25 per share.
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