On January 5, 2020, Riverbed Corporation received a charter granting the right to issue 5,200 shares of 3100 par value, oss cumulative and nonparticipating preferred stock, and 47,700 shares of $10 par value common stock. It then completed these transactions. Jan. 11 Issued 21,200 shares of common stock at $16 per share. Feb. 1 Issued to Sanchez Corp. 4.200 shares of preferred stock for the following assets; equipment with a fair value of $54,900; a factory building with a fair value of $170,000; and land with an appraised value of $252,000. July 29 Purchased 1,900 shares of common stock at $16 per share. (Use cost method.) Aug. 10 Sold the 1.900 treasury shares at $15 per share. Dec. 31 Declared a $0.40 per share cash dividend on the common stock and declared the preferred dividend. Dec. 31 Closed the income Summary account. There was a \$188,100 net income. Stockholders' Equilty 5