Hamburg Jewelry Company reported the following summarized balance sheet at December $31,2021$ :

$($Click the icon to view the statement.$)$

During $2022$HamburgJewelry completed these transactions that affected stockholders' equity:

$($Click the icon to view the transactions.$)$

Read the requirements.

Journalize Hamburg Jewelry's transactions. Explanations are not required.

Report the company's stockholders' equity at December $31,2022.$ Net income

for $2022$ was $$25,000.$

Requirement $1.$ Journalize Hamburg Jewelry's transactions. Explanations are not required. $($Record debits first$)$

Feb $13$: Issued $5,600$ shares of common stock for $$5$ per share.

Jun $7$: Declared the regular cash dividend on the preferred stock.