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5 16 02:27:07 This question KD Corporation was organized on January 1, 2022 The fem was authorized to Issue 500,000 shares of $10 per

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5 16 02:27:07 This question KD Corporation was organized on January 1, 2022 The fem was authorized to Issue 500,000 shares of $10 per common stock and 300.000 shares of $100 par preferred stock. During 2022, KD's had the following transactions relating to shareholders equity Issued 15,000 shares of common stock at $20 per share Issued 10,000 shares of preferred stock at $125.00 per share Issued 2,000 shares of common stock for Equipment with a I fair market value of $250,000. Sold 125,000 of its common shares (FMV $20 each) and 30,000 preferred shares (FMV $125 each) for a total of $6,000,000. Purchased 3,000 shares of treasury stock at $18. Instructions: Prepared the above transactions. Present all computations and formulas without computations and formulas you I will receive 0 points for the exercise. Essay Toolbar navigation BIUS < Prev 16 of 16 Next 313

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