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$)$

Paid$-$In Capital in Excess of Par$-$Preferred Stock

$$8,000,000$

Common Stock, $$5$ par $(5,000,000$ shares authorized, $4,000,000$ shares issued$)$

$440,000$

Paid$-$In Capital in Excess of Par$-$Common Stock

$20,000,000$

Retained Earnings

$2,280,000$

$115,400,000$

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 $$2\mathrm{.}00$ per share on preferred stock and $$0\mathrm{.}08$ per share on common stock.

g$.$ Paid the cash dividends.

Required:

Journalize the entries to record the transactions.