Empresas Semana Santa presents the following information as of December 31, 2021:

Preferred stock, 2%, $20 value per 150,000 issued and outstanding shares $3,000,000

Common stock, $10 par value, 2,000,000 shares issued and outstanding 20,000,000

Paid-in capital in excess of par value—preferred shares 200,000

Paid-in capital in excess of par value—common shares 28,000,000

Retained Earnings 4,500,000

Common shares were issued at an average price of $24.

The following transactions occurred during 2022:

1. January 1 60,000 preferred shares were issued at $200 each. Issuance costs incurred were $10,000.

2. June 1 Stock Split was declared from 2 to 1 for preferred shares.

3. July 1 30,000 shares of common stock were repurchased at $10 each.

4. September 15 10,000 treasury shares are reissued at $12 each.

5. September 30 5,000 treasury shares are reissued at $8 each.

6. October 10 10,000 shares of common stock are withdrawn from holdings.

7. December 31 A 5% stock dividend is declared and distributed to common stockholders only. The market value of the common shares at the time of the declaration was $30 per share.

8. December 31 Cash dividend declared for preferred stock.

9. December 31 Net income for the year = $1,300,000. Other comprehensive income for the year = $15,000.

REQUIRED: Prepare the Shareholders' Equity section as of DECEMBER 31, 2022. Use the template on the next page. You must show your computations to get the full score. Use the crosshatch and T accounts below to do the math, and identify the transaction you are making. With the number assigned to them.