The stockholders equity accounts of Bramble Corp. on January 1, 2017, were as follows Preferred Stock (7%, $100 par noncumulative, 4.200 shares authorized $252.000 Common Stock ($5 stated value 300.000 shares authorized) 1.250,000 Paid-in Capital in Excess of Par Value-Preferred Stock 12,600 Paid-in Capital in Excess of Stated Value-Common Stock 480,000 Retained Earnings 688,500 Treasury Stock (4.200 common shares) 33,600 Feb. Mar 1 20 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 Now Pald the dividend declared on October 1. Declared a $0.40 per share cash dividend to common stockholders of record on December 15, p.ayable December 31. 2017 Determined that net income for the year was $283.900. Paid the dividend declared on December 1 1 1 Dec 1 Dec 31 Partial Balance Sheet December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock > 1 252.000 Common Stock 1,273,650 Capital Stock $ Total Capital Stock Paid in Capital in Excess of Par Value-Preferred Stock 12600 Paid-in Capital in Excess of Stated Value-Common Stock 189.480 Total Additional Paid in Capital Total Paldin Capital Retained Earnings Total Paid in Capital and Retained Earnings Treasury Stock Total Stockholders Equity Partial Balance Sheet December 31, 2017 uity $ 252.000 1.273,650 1.525,650 ck in Excess of Par Value-Preferred Stock 12.600 in Excess of Stated Value-Common Stock 489.460 Paid-in Capital 502060 inital 2.027.710 851.820 pitaland Retained Earnings 2879,530 easury Stock 42.000 lers' Equity $ 2.837,530