Question: Current Attempt in Progress Splish Corporation is authorized to issue 47,000 shares of $5 par value common stock. During 2025, Splish took part in the
Splish Corporation is authorized to issue 47,000 shares of $5 par value common stock. During 2025. Splish took part in the following selected transactions: a. Issued 4,800 shares of stockat $44 per share, less costs related to the issuance of the stock totaling $5,800. b. Issued 1,100 shares of stock for tand appraised at $47,000. The stock was actively traded on a national stock exchange at approximately $45 per share on the date of issuance. c. Purchased 470 shares of treasury stock at $46 per shate. The treasury shares purchased were issued in 2021 at $43 per share d. Retired the treasury shares purchased in part (c)
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