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

Preferred 1% Stock, $50 par (100,000 shares authorized, 75,100 shares issued)	$3,755,000
Paid-In Capital in Excess of ParPreferred Stock	165,220
Common Stock, $3 par (5,000,000 shares authorized, 1,690,000 shares issued)	5,070,000
Paid-In Capital in Excess of ParCommon Stock	1,014,000
Retained Earnings	30,836,000

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

Jan.	5	Issued 454,700 shares of common stock at $8, receiving cash.
Feb.	10	Issued 11,800 shares of preferred 1% stock at $61.
Mar.	19	Purchased 46,500 shares of treasury common for $8 per share.
May	16	Sold 20,700 shares of treasury common for $10 per share.
Aug.	25	Sold 5,700 shares of treasury common for $7 per share.
Dec.	6	Declared cash dividends of $0.50 per share on preferred stock and $0.10 per share on common stock.
	31	Paid the cash dividends.