Fox Lox, Inc. presented the following data. Net income $825,000 Preferred stock: 18,000 shares outstanding, $100 par, 6% cumulative, not convertible 1,800,000 Common stock: Shares outstanding 1/1 585,000 Issued for cash, 3/1 189,900 Acquired treasury stock for cash, 8/1 60,000 2-for-1 stock split, 10/1 Net Income Less: Preferred Dividends