DeLong Corporation was organized on January 2, 2022- it is authorized to issue 10,000 shares of 8%,$100 par value preferred stock. and 500,000 shates ot no-par common stock with a stated valoe of $2 per share. The following stock transactions were completed during the first year, Jan. 10 Iswed 80,000 shares of convmonstock for cash at $4 per share: Mar, 1 isved 5,000 thates of nreferred stock for cash at $105 per share. Apri. 1 Issued 24,000 shares of common stock for land The asking price of the land wis 590,000 . The fair yalas of the land was 5t5,000 May I liwied a0,000 thares of commonstock for cah at s4 so per share. heliping the company organire Sepe: 1 Iwwed 10000 thares of common atock for cuthat 15 per share: Nay 1 iswed 1000 whares of prefecred stock for Eashat 5109 per shar. repare the paid-in capital section of stockholders equityat December.31, 2022. (Enter the account name only and do not provide the descriptive information provided in zuestion.) 5 Fotul susckholder' fiporty eTextbook and Media