The stockholders equity accounts of Flounder Corp. on January 1, 2017, were as follows.

Preferred Stock (7%, $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		693,000
Treasury Stock (5,000 common shares)		40,000

During 2017, the corporation had the following transactions and events pertaining to its stockholders equity.

Assets = Liabilities + Stockholders' Equity Paid-in-Capital Retained Earnings PIC in Excess of Par Value Pref. PIC in Excess of Stated Value Com. Cash Div. Pay. Common Stock + + + Pref. Stock + - Treasury Stock + Revenue - Expense - Dividend > (a) Bal. 1,000,0 00,000 480,000 300,000 (40,000) 15,000 $U (b) Feb. 1 T 30,000 20,000 10,000 Mar. 20 T (8,000) T (8,000) Oct. 1 21,000 T (21,000) Nov. 1 (21,000) T (21,000) Dec. 1 T 174,300 (174,300) Dec. 31 T (174,300)| (174,300) FLOUNDER CORP. Partial Balance Sheet December 31, 2017 Paid-in Capital