Question: 3 1 . 5 points Blue Devil Corp. issues 3 8 , 2 8 3 shares of $ 4 par value Preferred Stock for $

3
1.5 points
Blue Devil Corp. issues 38,283 shares of $4 par value Preferred Stock for $854,720 cash. What value should Blue Devil Corp. report on its ba
sheet for Preferred Stock? (note: round answer to the nearest whole number; enter numbers only; no commas, periods, symbols, etc.)
Type your answer...
3 1.5 points Blue Devil Corp. issues 38,283 shares of $4

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