Question: Current Attempt in Progress Riverbed Corp was organized on January 1, 2022. It is authorized to issue 20,300 shares of 5%, $52 par value preferred
Current Attempt in Progress Riverbed Corp was organized on January 1, 2022. It is authorized to issue 20,300 shares of 5%, $52 par value preferred stock and 463,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan 10 Mar 1 May 1 Sept 1 Nov 1 4 Issued 71,500 shares of common stock for cash at 54 per share. Issued 1.230 shares of preferred stock for cash at 556 per share. Issued 116,500 shares of common stock for cash at $6 per share. Issued 5,300 shares of common stock for cash at $4 per share Issued 3,300 shares of preferred stock for cash at $54 per share. Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2022 RIVERBED CORP Partial Balance Sheet
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