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

Preferred 1% Stock, $50 par (100,000 shares authorized, 79,600 shares issued)	$3,980,000
Paid-In Capital in Excess of ParPreferred Stock	159,200
Common Stock, $3 par (5,000,000 shares authorized, 1,870,000 shares issued)	5,610,000
Paid-In Capital in Excess of ParCommon Stock	1,215,500
Retained Earnings	31,497,000

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

a.	Issued 532,900 shares of common stock at $9, receiving cash.
b.	Issued 11,000 shares of preferred 1% stock at $58.
c.	Purchased 45,400 shares of treasury common for $8 per share.
d.	Sold 21,400 shares of treasury common for $10 per share.
e.	Sold 4,300 shares of treasury common for $7 per share.
f.	Declared cash dividends of $0.50 per share on preferred stock and $0.07 per share on common stock.
g.	Paid the cash dividends.

Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles.