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Identifying and Analyzing Financial Statement Effects of Stock Transactions Melo Company reports the following transactions relating to its stock accounts in the current year. Use

Identifying and Analyzing Financial Statement Effects of Stock Transactions
Melo Company reports the following transactions relating to its stock accounts in the current year. Use the financial statement effects template to indicate the effects from each of these transactions.
Mar. 2 issued 10,000 shares of $1 par value common stock at $30 cash per share.
Apr. 14 Issued 15,000 shares of $100 par value, 8% preferred stock at $250 cash per share.
June 30 Purchased 3,000 shares of its own common stock at $22 cash per share.
Sep. 25 Sold 1,500 shares of its treasury stock at $26 cash per share.
Note: Use negative signs with answers when appropriate.
Note: If an answer field is not needed, leave it blank (not all answer fields will be used).
Note: Round answer to the nearest dollar, if applicable.
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