The stockholders equity accounts of Grouper Corp. on January 1, 2022, were as follows.

Preferred Stock (8%, $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		691,500
Treasury Stock (5,000 common shares)		40,000

During 2022, 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 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, 2022.
Dec.	31		Paid the dividend declared on December 1.

(a)-(b)

(a)		Prepare a tabular summary that includes the January 1, 2022, balances. Do not include the beginning balance in Retained Earnings in the tabular summary.
(b)		Record the 2022 transactions in the tabular summary.

Include margin explanations for the changes in revenues and expenses. (Round answers to 0 decimal places, e.g. 5,275. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

			Assets	=	Liabilities	+	Stockholders Equity
							Paid-in-Capital										Retained Earnings
			Cash	=	Div. Pay.	+	Common Stock	+	PIC in Excess of Stated Value Com.	+	Pref. Stock	+	PIC in Excess of Par Value Pref.	-	Treasury Stock	+	Revenue	-	Expense	-	Dividend
(a)	Bal.		$enter a balance		$enter a balance		$enter a balance		$enter a balance		$enter a balance		$enter a balance		$enter a balance		$enter a balance		$enter a balance		$enter a balance		select an account title Paid-in-capital in excess of common stockInterest expensePreferred stockDividendsPaid-in-capital in excess of preferred stockCommon stock
(b)	Feb. 1		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title Preferred stockDividendsPaid-in-capital in excess of common stockInterest expensePaid-in-capital in excess of preferred stockCommon stock
	Mar. 20		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title Interest expensePreferred stockPaid-in-capital in excess of common stockCommon stockDividendsPaid-in-capital in excess of preferred stock
	Oct. 1		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title DividendsPreferred stockInterest expensePaid-in-capital in excess of common stockCommon stockPaid-in-capital in excess of preferred stock
	Nov. 1		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title Paid-in-capital in excess of common stockPreferred stockInterest expenseDividendsPaid-in-capital in excess of preferred stockCommon stock
	Dec. 1		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title Interest expensePaid-in-capital in excess of common stockPaid-in-capital in excess of preferred stockDividendsCommon stockPreferred stock
	Dec. 31		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title DividendsInterest expensePaid-in-capital in excess of common stockPreferred stockPaid-in-capital in excess of preferred stockCommon stock