Homework answers / question archive / May ?19: Issued 1,900 shares of ?$3 par value common stock for cash of ?$9

May ?19: Issued 1,900 shares of ?$3 par value common stock for cash of ?$9

Finance

Share With

May ?19: Issued 1,900 shares of ?$3 par value common stock for cash of ?$9.50 per share.

Jun. ?3: Issued 240 shares of ?$6?, ?no-par preferred stock for ?$12,000 cash.

Jun. ?11: Received equipment with a market value of $75,000 in exchange for 7,000 shares of the ?$3 par value common stock.

Total paid-in capital generated from these transactions amounts to?