Haywood Co. is a publicly owned company whose shares are traded on a national stock exchange. At December 31, 2019, Haywood had 50 million shares of $10 par value common stock authorized, of which 30 million shares were issued and 28 million shares were outstanding. The stockholders' equity accounts at December 31, 2019, had the following balances ($ millions). Common stock ...... Paid-in capital in excess of par. Retained earnings Treasury stock .. $300 160 100 (36) During 2020, Haywood had the following transactions. 1. On February 1, 2020, a secondary distribution of 4 million shares of $10 par value common stock was com- pleted. The stock was sold to the public at $18 per share, net of issue costs. 2. On February 15, 2020, Haywood issued, at $110 per share, 200,000 shares of $100 par value, 8% cumula- tive preferred stock. 3. On March 1, 2020, Haywood reacquired 40,000 shares of its common stock for $18.50 per share for the treasury. 4. On March 31, 2020, Haywood declared a semi-annual cash dividend on common stock of 10 cents per share, payable on April 30, 2020, to stockholders of record on April 10, 2020. 5. On May 31, 2020, when the market price of the common stock was $20 per share, Haywood declared a 5% stock dividend distributable on July 1, 2020, to stockholders of record on June 1, 2020. 6. On June 30, 2020, Haywood sold the 40,000 treasury shares reacquired on March 1, 2020, and an additional 560,000 treasury shares costing $11.2 million that were on hand at the beginning of the year. The selling price was $25 per share. 7. On September 30, 2020, Haywood declared a semi-annual cash dividend on common stock of 10 cents per share and the yearly dividend on preferred stock, both payable on October 30, 2020, to stockholders of re- cord on October 10, 2020. 8. Net income for 2020 was $50.0 million. Required a. Provide entries for each of the transactions. b. Provide a summary of the ending balances of Haywood's stockholders' equity accounts for 2020