On December 31,2024 , Ivanhoe Company had 1,260,000 shares of $5 par common stock issued and outstanding At December 31 . 2024, stockholders' equity had the amounts listed here. Transactions during 2025 and other information related to stockholders equity accounts were as follows. 1. On January 10 , issued at $105 per share 111.000 shares of $100 par value, 98 cumulative preferred stock. 2. On February 8, reacquired 15,000 shares ofits common stock for $14 per share. 3. On May 9, declared the yearly cash dividend on preferred stock, payable June 10, to stockholders of record on May 31 4. On June 8, declared a cash dividend of $1.75 per share on the common stock outstanding. payable on July 10 to stockholders of record on July 1 . 5. Net income for 2025 was $3.582.000. Date Accnt Tities and Explanation Debit Credit tan100 Pald-in Capitaliri Excess of Par Prefterred Stock. Paid-in Capital in Excess of Par-Common Stock Common Stock \begin{tabular}{|lll} \hline May 9 & 0 \\ \hline \end{tabular} Dividends Payable Preferred Stock \begin{tabular}{lll} \hline Jun:8 & 0 \\ \hline \end{tabular} Dividends Payable 11100000 555000 Common Steck Jun 10c Preferred Stock Jol 100 Common Stock \begin{tabular}{|r|} \hline 246750 \\ \hline \hline \end{tabular} Decid1o Net income (Fo close net income) Dec 310 (To close cash dividends)