Tidwell Corporation was organized on January 1, 2014. It is authorized to issue 20,600 shares of 5%, $52 par value preferred stock and 486,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year.

Jan. 10		Issued 74,700 shares of common stock for cash at $4 per share.
Mar. 1		Issued 11,600 shares of preferred stock for cash at $57 per share.
May 1		Issued 114,400 shares of common stock for cash at $7 per share.
Sept. 1		Issued 5,000 shares of common stock for cash at $5 per share.
Nov. 1		Issued 3,800 shares of preferred stock for cash at $60 per share.

a/ Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

b/ Post to the stockholders equity accounts. (Post entries in the order of journal entries posted in the previous part.)

c/ Prepare the paid-in capital portion of the stockholders equity section at December 31, 2014.