The stockholder's equity section for Harris Corporation as of December 31, 2010 is as follows:

Harris Corporation

Stockholders' Equity

December 31, 2010

Preferred stock, 6%, $100 par, cumulative, 10,000 shares authorized,

6,500 shares issued

$ 650,000

Common stock, $10 par, 200,000 shares authorized,

120,000 shares issued

1,200,000

Paid-in capital in excess of par - common

420,000

Total paid-in capital

2,270,000

Retained earnings

467,000

Total stockholders' equity

$2,737,000

For each of the following transactions, indicate the amount of the effect of each transaction on common stock, paid-in capital in excess of par - common, and retained earnings. If appropriate, write "no effect".

Dec. 1 The corporation declared the required cash dividend on the preferred stock and a $1.15 dividend on the common stock.

Dec. 11 The corporation paid the dividends declared on December 1.

Dec. 15 The corporation sold 5,000 shares of common stock for $19 per share.