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 Issued 66,100 shares of common Stock for cash at $5 per share. Mar 1 Issued 1,175 shares of preferred Stock for cash at $56 per share. May 1 Issued 121,500 shares of common Stock for cash at $5 per share. Sept 1 Issued 6,300 shares of common Stock for cash at $9 per share Nov 1 Issued 4,300 shares of preferred Stock fr cash at $58 per share.