Whispering Winds Corp. was organized on January $1,2022.$ It is authorized to issue $21,800$ shares of $7\%,$$$51$ par value preferred stock and $466,000$ shares of no$-$par common stock with a stated value of $$3$ per share. The following stock transactions were completed during the first year.

Jan. $10$ Issued $73,000$ shares of common stock for cash at $$6$ per share

Mar. $1$ Issued $1,260$ shares of preferred stock for cash at $$56$ per share.

May $1$ Issued $118,000$ shares of common stock for cash at $$6$ per share.

Sept. $1$ Issued $5,600$ shares of common stock for cash at $$7$ per share.

Nov. i Issugd $3,600$ shares of preferred stock for cash at $$54$ per share.

$($a$)$

Prepare a tabular summary to record the transactions. $($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity. place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$