The shareholders equity section of the consolidated balance sheet for Flora corp. shows as follows for the beginning of the year.

Common stock with $1.00 par value			$ 100,000
Additional paid-in-capital			1,200,000
Convertible preferred stock, no par value			800,000
Retained deficit			(600,000)
Treasury stock			(250,000)
Sharholders' equity			$1,250,000

These transactions happened during the year:

1. Generated net income of $90,000.
2. Paid cash dividends of $140,000.
3. Issued a 10% common stock dividend; the fair value of the stock was $8 per share at this time.
4. Declared and issued a 2-for-1 forward stock split.
5. Converted 10,000 shares of convertible preferred stock with a book value of $200,000 into 20,000 shares of common stock.

Fill in the blanks on the spreadsheet:

Transaction	Common Stock at Par	Additional Paid-in-Capital	Preferred Stock, No-Par	Retained Earnings	Treasury Stock
Beginning Balance	$ 100,000	$ 1,200,000	$ 800,000	$ (600,000)	$ (250,000)
1	Answer	Answer	Answer	Answer	Answer
2	Answer	Answer	Answer	Answer	Answer
3	Answer	Answer	Answer	Answer	Answer
4	Answer	Answer	Answer	Answer	Answer
5	Answer	Answer	Answer	Answer	Answer
Total	Answer	Answer	Answer	Answer	Answer