Diane's Designs has two classes of stock authorized: 7%, $10 par preferred and $1 par value common. The following transactions affect stockholders' equity during 2015, its first year of operations:
January 1 Issue 200,000 shares of common stock for $14 per share.
February 6 Issue 1,000 shares of preferred stock for $13 per share.
October 10 Repurchase 11,000 shares of its own common stock for $14 per share.
November 12 Reissue 4,000 shares of treasury stock at $22 per share.