E10-42B (similar to) Question Help Time Travel Publishing was recently organized as a corporation. The company issued common stock to an attorney who provided legal services worth $25,000 to help with the incorporation. Time Travel also issued common stock to an inventor in exchange for her patent with a market value of $75,000. In addition, Time Travel received cash both for the issuance of 1,000 shares of its preferred stock at $80 per share and for the issuance of 18,000 of its common shares at $2 per share. During the first year of operations, Time Travel earned net income of $97,000 and declared a cash dividend of $25,000. Read the requirement Requirement 1. Without making journal entries, determine the total paid-in capital created by these transactions. Complete the table below by selecting the transactions that result in paid-in capital and then enter the amounts to calculate total paid-in capital for the period. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Transaction Pald-in capital Total paid-in capital Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer i Requirement X 1. Without making journal entries, determine the total paid-in capital created by these transactions. Print Done