The stockholders' equity accounts of Concord Corporation on January 1, 2022, were as follows. Preferred Stock (8%, $48 par, 11,000 shares authorized) $360,000 Common Stock ($1 stated value, 2,100,000 shares authorized) 1,300,000 Paid-in Capital in Excess of Par- Preferred Stock 150,000 Paid-in Capital in Excess of Stated Value- Common Stock 1,450,000 Retained Earnings 1,850,000 Treasury Stock (10,500 common shares) 52,500 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb 1 issued 24,000 shares of common stock for $118,000. Apr 14 Sold 5,500 shares of treasury stock- common for $33,800. Sept. 3 Issued 4,900 shares of common stock for a patent valued at $35,100. Nov. 10 Purchased 1,000 shares of