Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2021, 420 shares of preferred stock and 5,200 shares of common stock have been issued. The following transactions affect stockholders equity during 2021:

March 1 Issues 2,300 shares of common stock for $54 per share.

May 15 Purchase 520 shares of treasury stock for $47 per share.

July 10 Resell 320 shares of treasury stock purchased on May 15 for $52 per share.

October 15 Issues 320 shares of preferred stock for $57 per share.

December 1 Declare a cash dividend on both common and preferred stock of $1.70 per share to all stockholders of record on December 15.

(Hint: Dividends are not paid on treasury stock.)

December 31 Pay the cash dividends declared on December 1.

Donnie Hilfiger has the following beginning balances in its stockholders equity accounts on January 1, 2021: Preferred Stock, $420; Common Stock, $52; Additional Paid-in Capital, $82,000; and Retained Earnings, $32,900. Net income for the year ended December 31, 2018, is $13,200.

I got them all right except the bottom, I don't know what I did wrong.

4 October 15, 2021 Cash 18,240 Preferred Stock 320 Additional Paid-in Capital 17,920 01 15,198 X December 01, 202 Retained Earnings Dividends Payable Dividends Payable 13,940 1,258 7 13,940 X December 31, 202 Dividends Payable Dividends Payable 1,258 X Cash 15,198 X