Dramondback Welding k fabrication Corporation sells and services pipe welding equement in filinocs. The following sefected accounes appear in the fedger of Duamiendback Weldi Fabrication st the beginning of the current year: Ourng the yeac, the corporation completed a number of transactions alfecting the stockholdere nguity. They are summarized as follows: 3. Purchased 42,000 shares of ueasuiy common for $22 per stare. b. 5 old 21,000 shares of treasury common for $25 per share. c. Lswed 17,000 shares of prefened 2% stock at $141. d. Iswued 70,000 shares of common stock at 525 , teceiving cash. e. Sold 14,000 thares of treasury common for $20 per share. 4. Deciaied cash dividends of $2.50 per share on preferred stock and so.08 per share on commion sock. 9. Paid the cash dividenct