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E14.2 (L0 1) (Recording the Issuance of Commen and Preferred Stock) Kathleen Bastle Corporation was organised on (anuary 1 2025. It is auichorited to lssoe 10,000 shanes of 0H. $100 par value preferred stock, and 500,000 sharet of no-par coramon stock with a stathed value of S1 por share. The followhthg andock transactlome were completeil doring the fint year. Jan. 10 trswed 80,000 thares of common atock for cash at 55 per share' Mar, 1 Issued 5,000 shares of preferred stock for cash at 5108 per share. Apri I tssued 24,000 shares of common stock for lanid. The aiking price of the land was spopoog the fair value of the land was teo ooo May 1 Issued 10,000 mhares of commes stock for cash at 57 per share. Sept. 1 tssued 10,000 shares of cominon stock for cash at $9 per share. Now 1 issued 1.000 tharns of preferred atoch for cash at 5112 per thare: Instructions