What is wrong with the red columns? Please solve.

Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2018, 310 shares of preferred stock and 4,100 shares of common stock have been issued. The following transactions affect stockholders' equity during 2018 March 1 Issues 1,200 shares of common stock for $43 per share. May 15 Purchase 410 shares of treasury stock for $36 per share. July 10 Reissues 210 shares of treasury stock purchased on May 15 for $41 per share. October 15 Issues 210 shares of preferred stock for $46 per share December 1 Declare a cash dividend on both common and preferred stock of $0.60 per share to all stockholders of record on December 15. (Hint Dividends are not paid on treasury stock.) December 31 Pay the cash dividends declared on December 1 Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2018: Preferred Stock, $310; Common Stock, $41: Additional Paid-in Capital, $76,500; and Retained Earnings, $30,700. Net income for the year ended December 31, 2018, is $11,000. Required 1. Record each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct Date General Journal Debit Credit March 01, 2018Cash 51,600 Common stock Additional paid-in capital 51,588 2 May 15, 2018 Treasury stock 4,760 Cash 14,760 3July 10, 2018Cash 8,610 Additional paid-in capital Treasury stock 1,050 7,560 4 October 15, 2018 Cash 9,660 210 9,450 Preferred stock Additional paid-in capital December 01, 201 Loss 21,528 Dividends payable 21,528 6 December 15, 201 No journal entry required 7 December 31, 201 Dividends payable 846 Cash 846