Do It! Review 8-3a Blue Spruce Corp. began operations on April 1 by issuing 51,100 shares of $7 par value common stock for cash at $14 per share. In addition, Blue issued 1,200 shares of $1 par value preferred stock for $3 per share Prepare a tabular summary to record the issuance of the common and preferred shares. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) ts = Liabilities Stockholders' Equity Paid-in-Capital Retained Earnings Common PIC in Excess of Par Com. PIC in Excess of Par Pref Cash + Pref Stock + + Revenue-ExpenseDividend Stock + Apr. 1 s Apr. 1 Click if you would like to Show Work for this question: Show Wor SHOW LIST OF ACCOUNTS