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

Preferred 2% Stock, $75 par (40,000 shares authorized, 20,000 shares issued)	$1,500,000
Paid-In Capital in Excess of ParPreferred Stock	240,000
Common Stock, $10 par (800,000 shares authorized, 170,000 shares issued)	1,700,000
Paid-In Capital in Excess of ParCommon Stock	220,000
Retained Earnings	7,759,000

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

1. Issued 80,000 shares of common stock at $14, receiving cash.
2. Issued 10,000 shares of preferred 2% stock at $92.
3. Purchased 48,000 shares of treasury common for $12 per share.
4. Sold 24,000 shares of treasury common for $15 per share.
5. Sold 16,000 shares of treasury common for $10 per share.
6. Declared cash dividends of $1.50 per share on preferred stock and $0.08 per share on common stock.
7. Paid the cash dividends.

For a compound trnsation, if an amour bax does not ra uran ntry, liive blank. a Issid 80,000 shares of comon stock at $14 rciving cash b. issued 10,000 shares of preferred 2% Silok al S92. C. Purchsd 48,000 shs of ry cmmon for $12 pur shar d. Sold 24,000 shars of Ereasury common for $15 per shar Sold 16,000 shares of Irasury common for $10 per share. Dedared cash dividends of $1.5 pur shre on prefrid sock and 50.08 pir shire on common sock