KitKat Corporation produces and sells purses. The Stockholders' Equity accounts on January 1, 2020 are as follows:

Common Stock, $8 par (120,000 shares authorized, 30,000 shares issued)$240,000

PIC in Excess par - Common Stock$110,000

Retained Earnings$700,000

Treasury Stock (4,000 shares at cost)$40,000

1/05Declared a Cash Dividend of $0.75 per share on the Common Stock outstanding.

Dividend will be paid on 2/05.

2/05Paid the Cash Dividend that was previously declared on 1/16.

3/20Reissued 2,000 shares of the Treasury Stock at $24 per share.

4/25Issued 14,000 shares of Common Stock for $18 per share.?