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Current Attempt in Progress Grouper Corporation, a private corporation, was organized on February 1, 2023. It is authorized to issue 79,200 , ( $ 6

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Current Attempt in Progress Grouper Corporation, a private corporation, was organized on February 1, 2023. It is authorized to issue 79,200 , \\( \\$ 6 \\) noncumulative preferred shares, and an unlimited number of common shares. The following transactions were completed during the first year: Feb. 10 Issued 63,360 common shares at \\( \\$ 4 \\) per share. Mar. 1 Issued 3,960 preferred shares at \\$114 per share. Apr. 1 Issued 17,820 common shares for land. The land's asking price was \\( \\$ 79,200 \\) and its appraised value was \\( \\$ 71,280 \\). June 20 Issued 61,776 common shares at \\( \\$ 4.50 \\) per share. July 7 Issued 7,920 common shares to lawyers to pay for their bill of \\( \\$ 35,640 \\) for services they performed in helping the comf Sept. 1 Issued 7,920 common shares at \\( \\$ 5 \\) per share. Nov. 1 Issued 792 preferred shares at \\( \\$ 120 \\) per share. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select \"No Entry\" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Question Part Score Determine the number of shares issued and the average per share amount for both common and preferred shares. (Round average per share to 2 decimal places, e.g. 52.75.) Question Part Score \\( --14 \\) How many more shares is the company authorized to issue for each class of shares? The company is authorized to issue an additional preferred shares and an number of \\( \\mathrm{c}_{1} \\)

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