Issignment 1 Question 8 of 8 Show Attempt History Current Attempt in Progress The stockholders' equity accounts of Blossom Corporation on January 1, 2027, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,200 shares authorized) quad$312,000 Common Stock ( $4 stated value, 302,000 shares authorized) 966,400 Paid-in Capital in Excess of Par Value-Preferred Stock 15,600 Paid-in Capital in Excess of Stated Value-Common Stock 483,200 Retained Earnings 694,000 Treasury Stock (5,200 common shares ) 41,600 During 2027, the corporation had the following transactions and events pertaining to its stockholders' eq Feb. 1 Issued 5,200 shares of common stock for $31,200