Please fill in the blanks and the amounts.

BMobile

Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes

BMobile

to issue

120,000

shares of

5%,

$100

par value cumulative preferred stock and

110,000

shares of

$4

par value common stock. During the first month,

BMobile

completed the following transactions

Oct. 2	Issued 22,000 shares of common stock for a building with a market value of $150,000.
Oct. 6	Issued 1,000 shares of preferred stock for $150 per share.
Oct. 9	Issued 18,000 shares of common stock for cash of $90,000.
Oct. 10	Declared a $18,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock.
Oct. 25	Paid the cash dividend.

Assume

BMobile's

net income for the month was

$92,000.

Stockholders' Equity
	Paid-In Capital:
	Preferred Stock5%, $100 Par Value;
____		shares authorized,		_____		100000
	Paid-In Capital in Excess of ParPreferred					100000
	Common Stock$4 Par Value;
______		shares authorized,		_____	shares issued and outstanding	160000
	Paid-In Capital in Excess of ParCommon
	Total Paid-In Capital					260000
	Retained Earnings					5000
	Total Stockholders' Equity