Refer to the following transactions.

a. Sold 4,100 shares of $44 par value 7% preferred stock at par.

b. Declared the annual dividend on the preferred stock.

c. Purchased 450 shares of preferred stock for the treasury at $55 per share.

d. Issued 3,000 shares of $2 par value common stock in exchange for land valued at $107,000.

e. Sold 248 shares of the treasury stock purchased in transaction c for $59 per share.

f. Split the common stock 2-for-1.

Required:

Show the effect (if any) of each of the above transactions on each financial statement category by selecting a plus (+) or minus () sign and the amount in the appropriate column. Do not show items that affect net income in the retained earnings column.

Options:

(+/-) 992

(+/-) 24,750

(+/-) 180,400

(+/-) 14,632

(+/-) 13,640

(+/-) 12,628

(+/-) 107,000