Swifty Corporation was organized on January 1, 2022. It is authorized to issue 19,700 shares of 7%, $52 par value preferred stock and 471,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year.

Jan.	10		Issued 65,100 shares of common stock for cash at $4 per share.
Mar.	1		Issued 1,155 shares of preferred stock for cash at $56 per share.
May	1		Issued 120,500 shares of common stock for cash at $6 per share.
Sept.	1		Issued 6,100 shares of common stock for cash at $7 per share.
Nov.	1		Issued 4,100 shares of preferred stock for cash at $54 per share.

Assets Liabilities Stockholders' Equity Retained Earnings Paid-in-Capital PIC in Excess of Stated + Value Com. PIC In Excess of Par Value Pref. Cash Common Stock Prel. Stock Revenue Expense Dividend Jan 10 $ Mar. 1 May 1 Sept. 1 Nov. 1 Total