Excursion Publishing was recently organized as a corporation. The company issued common stock to an attorney who provided legal services worth $24,000 to help with the incorporation. Excursion also issued common stock to an inventor in exchange for her patent with a market value of $80,000. In addition, Excursion received cash both for the issuance of 10,000 shares of its preferred stock at $120 per share and for the issuance of 18,000 of its common shares at $4 per share. During the first year of operations, Excursion earned net income of $94,000 and declared a cash dividend of $30,000. 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 an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Transaction Total paid-in capital EXIB Paid-in capital

Excursion Publishing was recensy organized as a corporation. The company issued commen stock to an aftomey who provided legal servees worth $24,000 to help with the incorporaticn. Exeursion aise istued common stock to an inventer in exchange for her palent with a makxet value of $80,000. In additon, Excursion recaived cash both for tre issuance of 10,000 shares of is preferred stock at $120. per share and for the issuance of 18,000 of its common shares at \$4 per shave. During the first year of operations, Excursion earned net income of $94,000 and deciared a cash dividend of \$30,000. Read the reguirement. Requirement 1. Without making joumal entries, delermine the fotal paid in captail created by these transactions the field empty; do not select a label of enter a zeco) Excurvon Publishing was recently organized as a corporation. The company lasived common stock to an attomey who provided legai services worth $2.4,000 io help with the incorporaton: Excursion alse issued common stock to an imventor in exchange for her patent with a market value of $80,000. In additon, Exeursion recenved cash both for the issuance of 10,000 shares of its preferred stock at $120 per share and for the issuance of 18,000 of its common shares at \$4 per share. During the frst year of operations, Excursion eamed net income of $94,000 and declared a cash dividend of $30, 000 Read the ereuirement: Requirement 1. Without making journal entries, determine the total paid in captal creaked by these transactions. Complete the tabie below by selecting the transactions that result in paid-in capital and then enter the amounts to calculate fotal paid in capital for the period. (ff an input feld is not used in the table leave the fleld empty; do not select a label or enter a zero.)