Sun Corporation received a charter that authorized the issuance of 108,000 shares of $3 par common stock and 20,000 shares of $100 par, 5 percent cumulative preferred stock. Sun Corporation completed the following transactions during its first two years of operation:

2018

Jan.	5		Sold 16,200 shares of the $3 par common stock for $5 per share.
	12		Sold 2,000 shares of the 5 percent preferred stock for $110 per share.
Apr.	5		Sold 21,600 shares of the $3 par common stock for $7 per share.
Dec.	31		During the year, earned $305,600 in cash revenue and paid $237,700 for cash operating expenses.
	31		Declared the cash dividend on the outstanding shares of preferred stock for 2018. The dividend will be paid on February 15 to stockholders of record on January 10, 2019.

2019

Feb.	15		Paid the cash dividend declared on December 31, 2018.
Mar.	3		Sold 3,000 shares of the $100 par preferred stock for $120 per share.
May.	5		Purchased 450 shares of the common stock as treasury stock at $6 per share.
Dec.	31		During the year, earned $251,700 in cash revenues and paid $177,400 for cash operating expenses.
	31		Declared the annual dividend on the preferred stock and a $0.50 per share dividend on the common stock.

. Organize the transaction data in accounts under an accounting equation (Enter any decreases to account balances with a minus sign. Indicating to provide separate effect on accounting equation for Revenue, Operating expense, and leave the cell blank If there is no effect.) Sun Corporation Accounting Equation Stockholders Equity EventAsset Liabilities Dividends Payable Preferred Stock Common Paid in Capital in Excess of Preferred Padin Capital in Excess of Common Stock Treasury Retained Earnings Accounts Titles for Retained Earrings Stock Jan 12 Apr 5 Dacia 2010 Tests