Blue Spruce Corporation was organized on January 1, 2022. It is authorized to issue 14,500 shares of 8%, $ 100 par value preferred stock, and 450,000 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 84,500 shares of common stock for cash at $6 per share. Mar. 1 Issued 5,150 shares of preferred stock for cash at $ 110 per share. Apr. 1 Issued 23,500 shares of common stock for land. The asking price of the land was $ 91,000. The fair value of the land was $ 81.500. May 1 Issued 84.000 shares of common stock for cash at $ 5.00 per share. Aug. 1 Issued 10,000 shares of common stock to attorneys in payment of their bill of $ 39,500 for services performed in helping the company organize. Sept. 1 Issued 11,500 shares of common stock for cash at $7 per share. Nov. 1 Issued 2,000 shares of preferred stock for cash at $ 111 per share. (a) (b) Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part.) Preferred Stock Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (c) Your answer is partially correct. Prepare the paid-in capital section of stockholders' equity at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question.) BLUE SPRUCE CORPORATION Balance Sheet (Partial) December 31, 2022 Preferred Stock $ 715000 Common Stock 640500 Total Capital Stock $ 1355500 Additional Paid-in Capital Paid-in Capital in Excess of Par-Preferred Stock 561500 1917000