Entrea for zolacted corporate tranaaction:

Common Stock, $$10$ stated value $(300,000$ shares authorized, $200,000$ shares issued$)$

Paid$-$In Capital in Excess of Stated Value$-$Common Stock

Retained Eamings

$$2,000,000$

Traasury Scock $(20,000$ shares, at comz$)$

$400,000$

$3$an$.15.$ Paid cash dividends of $$0\mathrm{.}12$ per ahare on the common atock. The elvidend had bese properly recorded when declared on December $1$

of the procoding flecal ycar for $$21,500.$

Mar. $15.$ Sold all of the treasury mock for $$17$ por share.

Apr: $13.$ Isaued $40,000$ aharea of common zock for $$16$ par share.

June $14.$ Declared a $55$ stodk dividend on common acock, to be capitalzod as the markat price of the atock, which is $$18$ per share.

July $16.$ Iszued stock for the stock cividend declared on June $14.$

Oct. $30.$ Purchased $13,000$ shares of tressury stock for $519$ per share.

Dec. $30.$ Declared a $$0,15-$per$-$share dividend on common stock.

Closed the two dividends accounts to Retained Earnings.

Required:

Common Stock

paid$-$In Capital in Excess of Stated Value$-$Common Stock