The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year: During the year, the corporation completed a number of transactions affecting the stockholders' equity. They are summarized as follows: a. Issued 518,800 shares of common stock at $7, receiving cash. b. Issued 9,800 shares of preferred 1% stock at $61. c. Purchased 48,300 shares of treasury common for $7 per share. d. Sold 19,500 shares of treasury common for $9 per share. e. Sold 5,000 shares of treasury common for $6 per tiare. f. Declared cash dividends of $0.50 per share on preferred stock and $0.08 per share on common stock. g. Paid the cash dividends