The following transactions affected stockholders' equity during 2026. Jan. 131,800 shares of preferred stock issued at $23 per share. Feh. 154,400 shares of common stock issued at $19 per share June 1 2-for-1 stock split (par value reduced to $2.50 ). July 127,600 shares of common treasury stock purchased at $10 per share. Waterway uses the cost method. Sept. 1510,300 shares of treasury stock reissued at $11 per share Dec 31 The preferred dividend is declared, and a common dividend of 456 per share is declared. Dec.31 Net income is $2,075,000. December 31, 2026 Capital Stock Common Stock $10130000 Preferred Stock 2996000 Total Capital Stock $131260000 Additlonal Paid-in Capital Paid-In Capital in Excess of Par - Common Stock Paid-in Capital in Excess of Par - Preferred Stock Paid-in Capital from Treasury Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less : Treasury Stock Total Stockholders' Equity