Skysong Company reported the following amounts in the stockholders' equity section of its December 31,2024, balance sheet. During 2025, Skysong took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2024$10 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31,2024. 2. Purchased 1,500 shares of its own outstanding common stock for $41 per share. Skysong 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 stockdividend. 7. Declared the annual 2025$10 per share dividend on preferred stock and the 52 per share dividend on common stock: These dividends are payable in 2026 Treasury Stock Pald-in Capital from Treasury Stock Cash Preferred Stock Paid-n Capital in Excess of Par - Preferred Stock Retalned Earnings Common Stock Dividend Distributable Paid In Capital in Excess of Par - Common Stock 6. Common Stock Dlvidend Distributable: Common Stock 7. Retained Earnings Dividends Paybble Common Stock Divdends Payable- Preferred Stock