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

Preferred Stock (7%, $100 par noncumulative, 14,500 shares authorized)		$870,000
Common Stock ($4 stated value, 870,000 shares authorized)		2,900,000
Paid-in Capital in Excess of Par ValuePreferred Stock		43,500
Paid-in Capital in Excess of Stated ValueCommon Stock		1,392,000
Retained Earnings		1,995,200
Treasury Stock (14,500 common shares)		116,000

During 2022, the corporation had the following transactions and events pertaining to its stockholders equity.

Feb.	1		Issued 14,500 shares of common stock for $87,000.
Mar.	20		Purchased 2,900 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 $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022.
Dec.	31		Determined that net income for the year was $810,000. Paid the dividend declared on December 1.

Paid-in Capital in Excess of Stated Value-Common Stock 1/1 Bal. 1,392,000 2/1 29,000 12/31 Bal. 1,421,000 Retained Earnings 12/31 432,100 1/1 Bal. 1,995,200 12/31 812,000 12/31 Bal. Cash Dividends 10/1 60,900 12/31 432,100 12/1 371,200 11 12/31 Bal. 432,100 Treasury Stock 1/1 Bal. 116,000 3/20 20,300 12/31 Bal. 136,300