Marigold Corp. was organized on January $1,2022.$ It is authorized to issue $10,500$ shares of $8\%,$$$100$ par value preferred stock, and $477,000$ shares of no$-$par common stock with a stated value of $$2$ per share. The following stock transactions were completed during the first year.

$1.$ Journalize the transactions

$2.$post to the stockholders' equity accounts.

$3.$prepare the paid$-$in capital section of stockholders' equity at December $31,2022.$