Problem 11-02A The stockholders' equity accounts of Grouper Corp. on January 1, 2022, were as follows. Preferred Stock (79, $100 par noncumulative, 8,500 shares authorized) $510,000 Common Stock ($4 stated value, 510,000 shares authorized) 1,700,000 Paid-in Capital in Excess of Par Value-Preferred Stock 25,500 Paid-in Capital in Excess of Stated Value-Common Stock 816,000 Retained Earnings 1,169,600 Treasury Stock (8,500 common shares) 68,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 8,500 shares of common stock for $51,000. Mar. 20 Purchased 1,700 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022 Dec. 31 Determined that net income for the year was $476,000. Paid the dividend declared on December 1, Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part. For accounts th Preferred Stock Common Stock Paid-in Capital in Excess of Par Value Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earning Cash Dividende Treasury Stock