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The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year:

Preferred 1% Stock, $50 par (100,000 shares authorized, 75,100 shares issued)	$3,755,000
Paid-In Capital in Excess of ParPreferred Stock	165,220
Common Stock, $3 par (5,000,000 shares authorized, 1,690,000 shares issued)	5,070,000
Paid-In Capital in Excess of ParCommon Stock	1,014,000
Retained Earnings	30,836,000

During the year, the corporation completed a number of transactions affecting the stockholders equity. They are summarized as follows:

a.	Issued 454,700 shares of common stock at $8, receiving cash.
b.	Issued 11,800 shares of preferred 1% stock at $61.
c.	Purchased 46,500 shares of treasury common for $8 per share.
d.	Sold 20,700 shares of treasury common for $10 per share.
e.	Sold 5,700 shares of treasury common for $7 per share.
f.	Declared cash dividends of $0.50 per share on preferred stock and $0.10 per share on common stock.
g.	Paid the cash dividends.

Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.