Homework Cha... i Saved ave & Exit Submit Check my work 6 Part 2 of 2 1.7 points eBook Print References ! Required information [The following information applies to the questions displayed below.] Refer to the following transactions. a. Sold 4,100 shares of $50 par value preferred stock at $52.50 per share. b. Declared the annual cash dividend of $2.20 per share on common stock. There were 5,600 shares of $1 par value common stock issued and outstanding throughout the year. c. Issued 8,000 shares of $50 par value preferred stock in exchange for a building when the market price of preferred stock was $54 per share. d Purchased 1700 S < Prev 6 of 6 Next