The following selected accounts appear in the ledger of Patton Environmental Inc. on July 1, 2014, the beginning of the current fiscal year:

Preferred 2% Stock, $100 par (90,000 shares authorized, 45,000 shares issued)	$4,500,000
Paid-In Capital in Excess of ParPreferred Stock	540,000
Common Stock, $15 par (700,000 shares authorized, 190,000 shares issued)	2,850,000
Paid-In Capital in Excess of ParCommon Stock	370,000
Retained Earnings	17,511,000

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

Issued 70,000 shares of common stock at $18, receiving cash.

Issued 23,000 shares of preferred 2% stock at $120.

Purchased 42,000 shares of treasury common for $714,000.

Sold 21,000 shares of treasury common for $420,000.

Sold 14,000 shares of treasury common for $210,000.

Declared cash dividends of $2.00 per share on preferred stock and $0.04 per share on common stock.

Paid the cash dividends.

Journalize the entries to record the transactions.

For a compound transaction, if an amount box does not require an entry, leave it blank.