On January 1, 2021, ABC Corporation is having 40,000 shares of $1 par value common stock outstanding. The following transactions occurred during the year:

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1) On April 1, the corporation issued 3,000 common stocks at $6 per share.

2) On July 1, the company purchased 1,500 shares of its own stock at $8 per share.

3) On September 1, the board of directors declared a dividend of $1.5 per share.

4) On November 1, a total of 500 treasury stocks have been sold at $10 per share.