Paris Jewelry Company reported the following summarized balance sheet at December 31, 2012:

During 2013, Paris completed these transactions that affected stockholders€™ equity:

Requirements
1. Journalize Paris€™ transactions. Explanations are not required.
2. Report Paris€™ stockholders€™ equity at December 31, 2013. Net income for 2013 was$27,000.

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Assets Current a Property and equipment, net S 33,700 108,700 $142,400 Total assets Liabilities and Equity Liabilities Stockholders' equity: S 37,000 S0.40 cumulative preferred stock, $20 par, 800 shares issued Common stock, $8 par, 6,100 shares iss Paid-in capital in excess of par Retained earnings Total liabilities and equity 16,000 48,800 17,600 23,000 $142,400 Feb Issued 5,300 shares of common stock for $10 per share. Paid the cash dividend. price of the common stock was $14 per share. paying $15 per share. 13 Jun 7 Declared the regular cash dividend on the preferred stock Aug 9 Distributed a 10% stock dividend on the common stock. Market Oct 26 Reacquired 800 shares of common stock as treasury stock, Nov 20 Sold 100 shares of the treasury stock for $17 per share. 24