Question 5 of 7 The stockholders' equity accounts of Bramble Corporation on January 1, 2022, were as follows Preferred Stock (BN $48 par. 10.000 shares authorized) $384,000 Common Stock ($1 stated value, 2.050,000 shares authorized) 1.500.000 Paid-in Capital in Excess of Par-Preferred Stock 140,000 Paid-in Capital in Excess of Stated Value-Common Stock 1.450.000 Retained Earnings 1,750,000 Treasury Stock (10.500 common shares 52.500 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. I Issued 25,000 shares of common stock for $124.000 Apr 14 Sept Nov 10 Sold 6,000 shares of treasury stock-common for $33,700 3 hsued 4,900 shares of common stock for a patent valued at $35,100 Purchased 1.100 shares of common stock for the treasury at a cost of $5,700 Dec 31 Determined that net income for the year was $420,000 -71 E