IDENTYFYING AND ANALYZING FINANCIAL STATEMENTS EFFECTS OF STOCK TRANSACTIONS: Following is the stockholders's equity of Dennis Corporation at December 31, 2013:

Reporting and Analyzing Owner Financing 8% preferred stock, $50 par value, 10, 000 share authorized; 8,000 shares issu8ed and outstanding $ 400, 000 Common stock, $20 par value, 50, 000 shares authorized; 25,000 shares issued and outstanding 500, 000 Paid-in capital in excess of par value - preferred stock 70, 000 Paid-in capital in excess of par value - common stock 385,000 Retained earnings 238,000 Total stockholders' equity $1,593,000 The following transactions, among others, occurred during 2014: Jan. 15 Issued 1,000 shares of preferred stock for $60 cash per share. Jan. 20 Issued 4,000 shares of common stock at $34 cash per share. May 1 Announced a 2-for-1 common stock split, reducing the par value of the common stock to $10 per share. The number of shares authorized was increased to 100, 000 shares. June 1 Issued 2,000 shares of common stock for $56,000 cash. Sept. 1 Repurchased 2,500 shares of common stock at $16 cash per share. Oct.12 Sold 900 treasury shares at $19 cash per share. Dec. 22 Issued 500 shares of preferred stock for $57 cash per share. Required Use the financial effects template to indicate the effects of each transaction