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E11.2 (LO 2) Santiago Corp, a publicly traded company, had 2.300 preferred shares issued with a balance of $55.000 and 110.000 common shares issued with

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E11.2 (LO 2) Santiago Corp, a publicly traded company, had 2.300 preferred shares issued with a balance of $55.000 and 110.000 common shares issued with a balance of $700,000 at the beginning of the year. The following share transactions acred during the June 12 Issued 50.000 common shares for $6 per shume July 11 issued 1,000 preferred shares for $25 per share Oct 1 Issued 10,000 common shares in exchange for land. The common shares were trading for 57 per share on that date. The bar value of the land was estimated to be $75,000 Nov. 15 Issued 25.000 preferred shares for $28 per share. Et1.5 (LO 2. 3) On January 1, 2021, Throw Corporation had 80,000 common shares, recorded at S600 Dond $1 million. During the year, the following transactions occurred Apr. 2 Issue 5.0oo common shares at $20 per share June 15 Declared a cash dividend of $0.25 per share to common shareholders et record on June 30, bem Aug 21 Declared as stock dividend to common shareholders of record on September 5. distribe were trading for $223 share on August 21, $24 on September and $26 on September 20 Nov. 1 Issued 3.000 common shares at $25 per share Dec. 20 Declared a cash dividend of So 30 per share to common shareholders of record on December E11.2 (LO 2) Santiago Corp, a publicly traded company, had 2.300 preferred shares issued with a balance of $55.000 and 110.000 common shares issued with a balance of $700,000 at the beginning of the year. The following share transactions acred during the June 12 Issued 50.000 common shares for $6 per shume July 11 issued 1,000 preferred shares for $25 per share Oct 1 Issued 10,000 common shares in exchange for land. The common shares were trading for 57 per share on that date. The bar value of the land was estimated to be $75,000 Nov. 15 Issued 25.000 preferred shares for $28 per share. Et1.5 (LO 2. 3) On January 1, 2021, Throw Corporation had 80,000 common shares, recorded at S600 Dond $1 million. During the year, the following transactions occurred Apr. 2 Issue 5.0oo common shares at $20 per share June 15 Declared a cash dividend of $0.25 per share to common shareholders et record on June 30, bem Aug 21 Declared as stock dividend to common shareholders of record on September 5. distribe were trading for $223 share on August 21, $24 on September and $26 on September 20 Nov. 1 Issued 3.000 common shares at $25 per share Dec. 20 Declared a cash dividend of So 30 per share to common shareholders of record on December

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