The stockholders' equity accounts of Ayayai Corp. on January $1,2025,$ were as follows.

During $2025,$ the corporation had the following transactions and events pertaining to its stockholders' equit$)$

Feb. $1$ Issued $12,000$ shares of common stock for $$72,000.$

Mar. $20$ Purchased $2,400$ additional shares of common treasury stock at $$7$ per share.

Oct. $1$ Declared a $7\%$ cash dividend on preferred stock, payable November $1.$