Question: I already got the answer to this but it was wrong, please double check to make sure its correct please! accordance with preliminary negotiations by

double check to make sure its correct please! accordance with preliminary negotiations

I already got the answer to this but it was wrong, please double check to make sure its correct please!

accordance with preliminary negotiations by the issuance of 27,400 shares of Common stock. The plan was approved by the stockholders and accomplished by the following transactions: Mar. 8. Borrowed $4,500,000 from Conrad National Bank, giving a 6% mortgage note. 13. Issued 20,000 shares of Preferred stock, receiving $130 per share in cash. 26. Issued 27,400 shares of Common stock in exchange for land and a building, according to the plan. No other expansion-related transactions occurred during March. Instructions: F

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