The stockholders' equity accounts of Cyrus Corporation on January $1,2025,$ were as follows.

During $2025,$ 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 $$7$ per share.

Oct. $1$ Declared a $7\%$ cash dividend on preferred stock, payable November $1.$

Nov. $1$ Paid the dividend declared on October $1.$

Dec. $1$ Declared a $$0\mathrm{.}50$ per share cash dividend to common stockholders of record on December $15,$ payable December $31,2$

Dec. $31$ Determined that net income for the year was $$280,000.$ Paid the dividend declared on December $1.$