I just need help on the red highlighted parts please! Thank you, I will make sure to thumbs up

Your answer is partially correct. Try again. Blossom Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 152,800 shares Common Stock, 1,998,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $ 3,056,000 9,990,000 200,000 26,724,000 4,571,000 The following transactions affected stockholders' equity during 2021. Jan. 1 Feb. 1 June 1 July 1 Sept. 15 Dec. 31 Dec. 31 27,600 shares of preferred stock issued at $24 per share. 51,100 shares of common stock issued at $20 per share. 2-for-1 stock split (par value reduced to $2.50). 27,400 shares of common treasury stock purchased at $10 per share. Blossom uses the cost method. 9,400 shares of treasury stock reissued at $11 per share. The preferred dividend is declared, and common dividend of 55 per share is declared. Net income is $2,076,000. Prepare the stockholders' equity section for Blossom Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) BLOSSOM COMPANY Stockholders' Equity December 31, 2021 Capital Stock Preferred Stock 3,608,000 BLOSSOM COMPANY Stockholders' Equity December 31, 2021 Capital Stock Preferred Stock 3,608,000 Common Stock 10,245,500 Total Capital Stock 13,853,500 Additional Paid-in Capital Paid-in Capital in Exces 310,400 Paid-in Capital in Exces 27,490,500 Paid-in Capital from Tre 9,400 27,810,300 Total Paid-in Capital 41,663,800 Retained Earnings 4,318,260 X Total Paid-in Capital Less Treasury Stock 180,000 X Stockholders' Equity 45,807,060