The stockholder's equity accounts of Ayayi Corp on Jan 1, 2022, were as follows

Preferred stock (6% 100 par noncumulative 5000 shares) 300,00

Common stock ($4 stated value 300,000) 1,000,000

Pain in Capital Excess of par Value Preferred Stock 15,000

Pain in Capital in Excess stated Value Common stock 480,000

Retained Earnings 678,000

Treasury stock 40,000

Prepare the tabular list

Deaclared .$0.40 per share dividend to common stockholders of record on Dec 15 to be paid Dec 31