Included in the December 31, 2015, Jacobi Company balance sheet was the following shareholders' equity section: Jacobi Company Balance Sheet (Shareholders' Equity) December 31, 2015 1Contributed Capital: Preferred stock, 6%, $100 par $200,000.00 200000 $212,000.00 150,000.00 240,000.00 Additional paid-in capital on preferred stock 4Common stock, $5 par 5Additional paid-in capital on common stock 6Total contributed capital 7Retained earnings 8Accumulated other comprehensive income (loss) 9 Unrealized decrease in value of available-for-sale securities 390,000.00 $602,000.00 627,000.00 (41,000.00) $1,188,000.00 (20,000.00) $1,168,000.00 Total contributed capital, retained earnings, and accumulated other comprehensive 10 income 11 Less: Treasury stock (1,000 shares of common stock at cost, acquired on 2/3/2015) 12 Total Shareholders' Equity The company engaged in the following stock transactions during 2016: Jan. 4 5 22 2 14 Paid the semiannual dividend on the outstanding preferred stock and a $1.60 per share annual dividend on the outstanding common stock. These dividends had been declared on December 1, 2015 Issued 500 shares of preferred stock at $110 per share Issued 4,000 shares of common stock at $23 per share Reissued 700 shares of treasury stock at $24 per share Declared a 10% stock dividend on the outstanding common stock, payable on June 29. The common stock is currently selling for $25 per share. Apr. May Jun. 4 Declared the semiannual cash dividend on the outstanding preferred stock, payable on July 5 29 Issued the stock dividend declared on May 1 Jul. 5 20 3 Paid the cash dividend declared on June 4. Split the common stock 2-for-1 and reduced the par value to $2.50 per share. Declared a property dividend, payable to common shareholders on September 14. The dividend consists of an available-for- Aug. k My Work All work saved 100,717