PLUS Kimmel, Accounting, 6e ORION D Open Graded Problem 11-2A The stockholders. equity accounts of Pr a Colada Corp. on )anuary 12017, were as folows Preferred Stock (7%. S 100 par mninatve. 4,150 theres authorped) Common Stock ($5 stated value, 345,000 shares authorteed Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Vakue-Common Stook Retained Earnings Treasury Stock (4,150 common shares) 1249000 1,437 499 12,450 552,000 94,000 3,200 During 2017, the corporation had the following transactions and events pearing to its kholders' eq ity. Feb 1 Issued 4,540 shares of commen stock for $27,240 Mar. 20 Purchased 1,450 additional shares of common treasury stock at $7 per share Oct. 1 Dedared a 7% cash dividend on preferred steck, payable November 1. Nov. 1 Pald the dividend declared on October 1 Dec. 1 Declared a so.65 per share cash dividend Dec. 31 Determined that net income for the to cemmon stockholders of recond on December 15, payable December 31, 2017 year mas $276,60. Pad the didend dnciared on Deceber 1 Journalize the transactions. (Indude entries to dose net ncome and dividends to Retained Earnings) (Record entries me areer diplyedin the problem statement. Credit account titles are automatically indented when amount is entered. De not indent manualy, ir ao entry is reguire select "No Entry" for the account titles and enterfor tho amounts. Round answers to e decimal places, .. Date Account Titles and Explanation leyplus