Ivanhoe Tandy Company reported the following balances at December 31, 2021: common stock $515.000; paid-in capital in excess of par common stock $215,000, retained earnings $365,000. During 2022, the following transactions affected stockholder's equity. 1 Issued preferred stock with a par value of $215,000 for $245.000 2. Purchased treasury stock common) for $85.000, 3. Earned net income of $270.132. 4. Declared and paid cash dividends of $101.000 (532.000 preferred). IVANHOETANDY COMPANY Balance Sheet (Partial) > $ a