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

Preferred Stock (8%, $100 par noncumulative, 4,600 shares authorized)		$276,000
Common Stock ($4 stated value, 320,000 shares authorized)		1,066,666
Paid-in Capital in Excess of Par ValuePreferred Stock		13,800
Paid-in Capital in Excess of Stated ValueCommon Stock		512,000
Retained Earnings		691,500
Treasury Stock (4,600 common shares)		36,800

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

Feb.	1		Issued 4,580 shares of common stock for $27,480.
Mar.	20		Purchased 1,650 additional shares of common treasury stock at $7 per share.
Oct.	1		Declared a 8% cash dividend on preferred stock, payable November 1.
Nov.	1		Paid the dividend declared on October 1.
Dec.	1		Declared a $0.60 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017.
Dec.	31		Determined that net income for the year was $276,400. Paid the dividend declared on December 1.