Par value of preferred stock $1.00
Outstanding preferred shares at 1/1/2012 200
Par value of common stock $0.01
Outstanding common shares at 1/1/2012 3,000
Interest payable June 30 and December 31

2012 Transactions:
March 1 Issued common stock:
Shares issued 1,000
Price per share $32.00
May 15 Repurchase treasure stock:
Number of shares 600
Price per share $25.00
July 10 Reissue treasure stock purchased May 15:
Number of shares 100
Price per share $30.00
October 15 Issued preferred stock:
Shares issued 100
Price per share $35.00
December 1 Declared cash dividend:
Preferred dividend per share $0.75
Common dividend per share $0.75
December 31 Paid cash dividend declared 12/1

Additional Information:
Stockholders' Equity on January 1, 2012:
Preferred stock $200
Common stock $30
Additional paid-in capital $66,000
Retained earnings $25,500
Net income for year ending December 31, 2012 $9,800