The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year:

Preferred 2% Stock, $100 par (100,000 shares authorized, 80,000 shares issued)	$8,000,000
Paid-In Capital in Excess of ParPreferred Stock	440,000
Common Stock, $5 par (5,000,000 shares authorized, 4,000,000 shares issued)	20,000,000
Paid-In Capital in Excess of ParCommon Stock	2,280,000
Retained Earnings	115,400,000

During the year, the corporation completed a number of transactions affecting the stockholders equity. They are summarized as follows:

a.	Issued 220,000 shares of common stock at $14, receiving cash.
b.	Issued 12,000 shares of preferred 2% stock at $110.
c.	Purchased 160,000 shares of treasury common for $10 per share.
d.	Sold 105,000 shares of treasury common for $16 per share.
e.	Sold 40,000 shares of treasury common for $8 per share.
f.	Declared cash dividends of $2.00 per share on preferred stock and $0.08 per share on common stock.
g.	Paid the cash dividends.

Required:

Journalize the entries to record the transactions.