The stockholders’ equity accounts of Miley Corporation on January 1, 2014, were as follows. Preferred Stock (6%, $100 par noncumulative, 4,500 shares authorized) $270,000 Common Stock ($5 stated value, 321,500 shares authorized) 1,286,000 Paid-in Capital in Excess of Par Value—Preferred Stock 13,500 Paid-in Capital in Excess of Stated Value—Common Stock 514,400 Retained Earnings 697,500 Treasury Stock—(4,500 common shares) 36,000 During 2014, the corporation had the following transactions and events pertaining to its stockholders’ equity. Feb. 1 Issued 5,400 shares of common stock for $37,800. Mar. 20 Purchased 1,130 additional shares of common treasury stock at $8 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 $0.40 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 $277,100. Paid the dividend declared on December 1. Collapse question part (a) 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.)