The stockholders' equity accounts of Bramble Corp, on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative. 4 200 shares authorized) Common Stock ($5 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4.200 common shares) $252.000 1.250.000 12,600 480,000 688.500 33,600 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity Issued 4,730 shares of common stock for $33.110 Purchased 1,050 additional shares of common treasury stock at $8 per share Oct. Declared a 7% cash dividend on preferred stock, payable November 1. Paid the dividend declared on October 1. Declared a $0,40 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017 Determined that net income for the year was $283,900. Paid the dividend declared on December 1. Feb. 1 Mar. 20 1 Nov. 1 Dec 1 Dec. 31 Journalize the transactions. Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit 3 -/9 III (To record net income) (To cose cash dividends) (To record payment of cash dividends payable) Enter the beginning balances in the accounts and post the journal entries to the stockholders equity accounts. (Post entries the order of journal entries posted in the previous part. For accounts that have zero ending balance, the entry should be the balanced and zero for the amount.) Preferred Stock Common Stock Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings