Blue Spruce Corp. was organized on January 1, 2022. It is authorized to issue 19,500 shares of 6%, $50 par value preferred stock and 451,000 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		Issued 65,500 shares of common stock for cash at $6 per share.
Mar.	1		Issued 1,110 shares of preferred stock for cash at $54 per share.
May	1		Issued 110,500 shares of common stock for cash at $5 per share.
Sept.	1		Issued 4,100 shares of common stock for cash at $8 per share.
Nov.	1		Issued 2,100 shares of preferred stock for cash at $60 per share.

Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 10 Cash 393000 Common Stock 196500 Paid-in Capital in Excess of Stated Value-Common Stock 196500 Mar. 1 Cash 59940 Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock 3330 Mar. 1 Cash Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Sept. 1 Cash Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Nov. 1 Cash Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock Post to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part.) Preferred Stock 3/1 11/1 12/31 Bal. Paid-in Capital in Excess of Par Value-Preferred Stock 3/1 11/1 12/31 Bal. Common Stock 1/10 5/1 9/1 12/31 Bal. Paid-in Capital in Excess of Stated Value-Common Stock 1/10 5/1 Jl. 9/1 12/31 Bal. Your answer is partially correct. Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2022. BLUE SPRUCE CORP. Partial Balance Sheet December 31, 2022 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock Common Stock Total Capital Stock Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Total Additional Paid-in Capital Total Paid-in Capital $ e Textbook and Media List of Accounts