Question: Current Attempt in Progress Oriole Corporation is authorized to issue 5 0 , 0 0 0 shares of $ 5 par value common stock. During

Current Attempt in Progress
Oriole Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2025, Oriole took part in the following
selected transactions.
a. Issued 5,100 shares of stock at $43 per share, less costs related to the issuance of the stock totaling $6,900.
b. Issued 1,000 shares of stock for land appraised at $50,000. The stock was actively traded on a national stock exchange at
approximately $44 per share on the date of issuance.
c. Purchased 550 shares of treasury stock at $41 per share. The treasury shares purchased were issued in 2021 at $38 per
share.
d. Retired the treasury shares purchased in part (c).
 Current Attempt in Progress Oriole Corporation is authorized to issue 50,000

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