Sheffield Corp. was organized on January 1, 2022. It is authorized to issue 21,300 shares of 7%, $53 par value preferred stock and 465,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year.

Post to the stockholders equity accounts. (Post entries in the order of journal entries posted in the previous part.)

Jan.	10		Issued 72,500 shares of common stock for cash at $5 per share.
Mar.	1		Issued 1,250 shares of preferred stock for cash at $56 per share.
May	1		Issued 117,500 shares of common stock for cash at $6 per share.
Sept.	1		Issued 5,500 shares of common stock for cash at $9 per share.
Nov.	1		Issued 3,500 shares of preferred stock for cash at $60 per share.