C-Wireless Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes C-Wireless to issue 40,C shares of 5%, $50 par value cumulative preferred stock and 180,000 shares of $4 par value common stock. During the first month, C-Wireless completed the following transactions: (Click the icon to view the transactions.) Read the requirements Paid-In Capital: Balance Sheet (Partial) October 31, 2024 Stockholders' Equity Preferred Stock-5%, $50 Par Value, 40,000 shares authorized, Paid-In Capital in Excess of Par-Preferred 650 shares issued and outstanding $ 32,500 71,500 Common Stock-$4 Par Value: 180,000 shares authorized, 30,000 shares issued and outstanding 30,000 Paid-In Capital in Excess of Par-Common 85,000 Total Paid-In Capital Retained Earings Total Stockholders' Equity