Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 1,200 shares of common stock have been issued. The following transactions affect stockholders equity during 2021:

March		1		Issue 1,200 additional shares of common stock for $12 per share.
April		1		Issue 200 additional shares of preferred stock for $22 per share.
June		1		Declare a cash dividend on both common and preferred stock of $0.35 per share to all stockholders of record on June 15.
June		30		Pay the cash dividends declared on June 1.
August		1		Purchase 200 shares of common treasury stock for $9 per share.
October		1		Reissue 100 shares of treasury stock purchased on August 1 for $11 per share.

Nautical has the following beginning balances in its stockholders equity accounts on January 1, 2021: Preferred Stock, $1,000; Common Stock, $1,200; Additional Paid-in Capital, $17,700; and Retained Earnings, $9,700. Net income for the year ended December 31, 2021, is $6,750.

Record the declaration of cash dividend on both common and preferred stock of $0.35 per share to all stockholders of record on June 15.

Record the cash dividends declared on June 1.

Record the purchase of 200 shares of common treasury stock for $9 per share.

Record the resell 100 shares of treasury stock purchased on August 1 for $11 per share.