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

Preferred Stock (6%, $100 par noncumulative, 4,250 shares authorized)		$255,000
Common Stock ($3 stated value, 350,000 shares authorized)		875,000
Paid-in Capital in Excess of Par ValuePreferred Stock		12,750
Paid-in Capital in Excess of Stated ValueCommon Stock		560,000
Retained Earnings		686,000
Treasury Stock (4,250 common shares)		34,000

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

Feb.	1		Issued 5,440 shares of common stock for $32,640.
Mar.	20		Purchased 1,500 additional shares of common treasury stock at $9 per share.
Oct.	1		Declared a 6% 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, 2017.
Dec.	31		Determined that net income for the year was $275,600. Paid the dividend declared on December 1.

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.)

Date	Account Titles and Explanation	Debit	Credit
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title to record the net income	enter a debit amount	enter a credit amount
	enter an account title to record the net income	enter a debit amount	enter a credit amount
	(To record net income)
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title to close the cash dividends	enter a debit amount	enter a credit amount
	enter an account title to close the cash dividends	enter a debit amount	enter a credit amount
	(To close cash dividends)
choose a transaction date Feb. 1Mar. 20Oct. 1Nov. 1Dec. 1Dec. 31	enter an account title to record the payment of cash dividends payable	enter a debit amount	enter a credit amount
	enter an account title to record the payment of cash dividends payable	enter a debit amount	enter a credit amount
	(To record payment of cash dividends payable)