Question: View Policies Current Attempt in Progress Blue Spruce Corp. was organized on January 1, 2022. It is authorized to issue 20,700 shares of 5%,

View Policies Current Attempt in Progress Blue Spruce Corp. was organized on January 1, 2022. It is authorized to issue 20,700 shares of 5%, $51 par value preferred stock and 473,000 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 Sept. Nov. 1 1 1 Issued 66,100 shares of common stock for cash at $5 per share. Issued 1,175 shares of preferred stock for cash at $56 per share. Issued 121,500 shares of common stock for cash at $5 per share. Issued 6,300 shares of common stock for cash at $9 per share. Issued 4,300 shares of preferred stock for cash at $58 per share. 4 (a) Debi

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