The stockholders equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows.

Preferred Stock (8%, $100 par noncumulative, 5,000 shares authorized)		$300,000
Common Stock ($4 stated value, 300,000 shares authorized)		1,000,000
Paid-in Capital in Excess of Par ValuePreferred Stock		15,000
Paid-in Capital in Excess of Stated ValueCommon Stock		480,000
Retained Earnings		687,500
Treasury Stock (5,000 common shares)		40,000

During 2022, the corporation had the following transactions and events pertaining to its stockholders equity.

Feb.

1

Issued 5,000 shares of common stock for $30,000.

Mar.

20

Purchased 1,000 additional shares of common treasury stock at $9 per share.

Oct.

1

Declared a 8% cash dividend on preferred stock, payable November 1.

Nov.

1

Paid the dividend declared on October 1.

Dec.

1

Declared a $0.80 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022.

Dec.

31

Paid the dividend declared on December 1.

(a)		Prepare a tabular summary that includes the January 1, 2022, balances. Do not include the beginning balance in Retained Earnings in the tabular summary.
(b)		Record the 2022 transactions in the tabular summary.

./6 NCC www. of the amount entered for the particular Asset. Libility or Equity item that was reduced Assets atles ) PICI Cash Div. Pay Common Stock (a) Bal $ 5 $ 6) Feb. 1 1 Mar. 20 Oct 1 Nov 1 Dec 1 Dec 31 e Textbook and Media TRY METU U the amount entered for the particular Asset, Liability or Equity item that was reduced Stockholders' Pald-in Capital PIC in Excess of Stated Value Com Pret Stock PIC in Excess of Par Value Pret Treasury Stock $ eTextbook and Media DER ER of the amount entered for the particular Asset Liability or Equity item that was reduced Retained Earnings Revenue Expense Dividend $ $ e Textbook and Media