On January 1, 2018, Mirpur Corp. had 480,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the common stock account. February 1 Issued 120,000 shares March 1 Issued a 3-for-1 stock split April 1 Issued 50,000 shares for land purchase May 1 Issued a 5% stock dividend June 1 Acquired 100,000 shares of treasury stock October 1 Reissued 60,000 shared of treasury stock Mirpur Corp. earned net income of Tk. 5,456,000 during 2018. In addition, it had 100,000 shares of 9% Tk.100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. The company declared and paid a preferred dividend in 2018.