The stockholders' equity accounts of Pronghom Corp on Jarwary 1, 2025, were as follows. During 2025 , the corporation had the following transactions and events pertaining to its stochholders equity. Feb. 1 hsued 14,500 shares of commonstock for $87,000. Mar -20 Pirchused 2900 additional shores of common treatury stock at $7 per shace. Oct. 1 Declareda 7xk cah dividend on preferred stock, payable November 1. Nov. 1 Paid the ctwidend declared om October 1. Dee 1 Dedared $50.50 per thare coth dividend to comimon stockholders of record on December 15, payable December 31. 2 Dec 31 Determined that net income for the vear was $410,000. Paid the dividend declared on December 1 Date Account Tities and Explanation Deblt Credit (To dose thcome Summary and transfer net income to Retained Earning() - (To dose Cash Dividends to Recained Eamings) (To record payment of cash dividends payple) eTextbook and Media List of Accocints ints. Post entries in the if be the boilunce idote and per unit and percentage, es 1750 or 17.50% )