Riverbed Company reported the following amounts in the stockholders' equity section of its December 31,2019 , balance sheet. During 2020, Riverbed took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2019$10 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. 2. Purchased 1,500 shares of its own outstanding common stock for $41 per share. Riverbed uses the cost method. 3. Reissued 800 treasury shares for land valued at $35,600. 4. Issued 550 shares of preferred stock at $104 per share. 5. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $46 per share. 6. Issued the stock dividend. 7. Declared the annual 2020$10 per share dividend on preferred stock and the $2 per share dividend on common stock. Thes dividends are payable in 2021. No. Account Titles and Explanation 1. 18000 2. Treasury Stock 61500 3. Land Treasury Stock Paid-in Capital from Treasury Stock 4. Cash 57200 Preferred Stock Paid-in Capital in Excess of Par - Preferred Stock 55000 5. Retained Earnings Appropriated for Plant Expansion Common Stock Dividend Distributable Paid-in Capital in Excess of Par - Common Stock 6. Common Stock Dividend Distributable Common Stock 7. Retained Earnings Dividends Payable - Preferred Dividends Payable - Common eTextbook and Media