Cookies Delight is authorized to issue 45,000 no-par shares on January 1, 2016. ... (a) On March 1, 2016 Cookie Delight issued 15,000 shares with a Market price of $18 per share. On April 15, 2016 Cookie Delight issued 5,000 shares with a market price of $10 per share in settlement of a legal fee of $6,500. On June 10, 2016 the company sold the remaining 25,000 shares for cash at a market price of $22 per share.