Bramble Corporation was organized on January 1, 2022. It is authorized to issue 11.000 shares of 8%, $ 100 par value preferred stock, and 524,000 shares of no-par common stock with a stated value of $ 2 per share. The following stock transactions were completed during the first year. Jan 10 Mar. 1 Issued 83.000 shares of common stock for cash at $4 per share. Issued 4,600 shares of preferred stock for cash at $ 110 per share. issued 23,000 shares of common stock for land. The asking price of the land was $89.500. The fair value of the land Apr. 1 was $ 86,000 May 1 Issued 81.000 shares of common stock for cash at $5.00 per share. Issued 10,500 shares of common stock to attorneys in payment of their bill of $ 42,000 for services performed in helping the company organize Aug 1 Sept. 1 Issued 10,500 shares of common stock for cash at $5 per share. Nov 1 Issued 3.000 shares of preferred stock for cash at $ 112 per share, Preferred Stock V Common Stock > > C V