Splish Company reported the following amounts in the stockholders' equity section of its December 31, 2024, balance sheet. During 2025, Splish took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2024$10 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31 , 2024. 2. Purchased 1,500 shares of its own outstanding common stock for $43 per share. Splish uses the cost method. 3. Reissued 800 treasury shares for land valued at $36,200. 4. Issued 540 shares of preferred stock at $104 per share. 5. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $41 per share. 6. Issued the stock dividend. 7. Declared the annual 2025$10 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2026 . No. Account Titles and Explanation 1 Dlvidends Payable - Preferred Stock Dividends Payable - Common Stock cash 2. Treasury Stock Cash 3. Land Treasury Stock Pald-In Capltal from Treasury Stock. 4. Cash Preferred Stock. Pald-In Capltal In Excess of Par - Preferred Stock 5. Retalned Earnings Common Stock Dividend Distrlbutable Pald-In Capltal In Excess of Par - Common Stock 6. Common Stock Dlvidend Distrlbutable Commen Stock 7. Retalned Earnings Divldends Payable - Preferred Stock Divldends Payable - Common Stock Debit \begin{tabular}{|r|} \hline 18,000 \\ \hline 37,600 \\ \hline \end{tabular} 64,500 Credit 56,160 74,210