On January 1,2025. Crane Corporation had 80,400 shares of $1 par value common stock issued and outstanding. During the year. the following transactions occurred: Mar. 1 Issued 95,400 shares of common stock for $715,500. June 1 Declared a cash dividend of $2 per share to stockholders of record on June 15. June 30 Paid the $2 cash dividend. Dec. 1 Purchased 5,300 shares of common stock for the treasury for $18 per share. Dec 15 Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Net income for 2025 totaled $991,500