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The stockholders' equity accounts of Miley Corporation on January 1, 2014, were as follows. Preferred Stock (6%, $100 par noncumulative, 5, 300 shares authorized) $318,000 Common Stock ($4 stated value, 314, 100 shares authorized) 1,005, 120 Paid-in Capital in Excess of Par Value-Preferred Stock 12, 720 Paid-in Capital in Excess of Stated Value-Common Stock 502, 560 Retained Earnings 705,000 Treasury Stock-(5, 300 common shares) 42, 400 During 2014, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 4, 900 shares of common stock for $34, 300. Mar. 20 Purchased 1, 330 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 6% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.70 per share cash dividend to common stockholders of record on December 15, payable December 31, 2014. Dec. 31 Determined that net income for the year was $275, 500. Paid the dividend declared on December 1. Journalize the transactions. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.)