Exercise 11-2 Ivanhoe Company had these transactions during the current period. 1-12 une 12 Issued 82,500 shares of $1 par value common stock for cash of $309,375. July 11 Issued 3,450 shares of $103 par value preferred stock for cash at $107 per share Nov. 28 Purchased 2,650 shares of treasury stock for $8,450