Jan. 10 Issued 78,000 shares of common stock for cash at $6 per share. Apr, 1 1ssued shares of common stock for land. The asking price of the land was $87,000. The fair value of the land was $87,000. Sept. 1 Issued 11,500 shares of common stock for cash at $5 per share. OURCES (S19) 23 Paid-in Capital in Excess of Stated Value-Commor 498750 Paid-in Capital in 23750 87000 Paid-in Capital in E 15000 229500 Paid-in Capital in Excess of Stated Value-Co 95625 e here to search Common Stock 33000 Paid-in in mor 9000 Sept. 1 Cash 57500 Common Stock 34500 Paid-in Capital in Excess of Stated Value-Commor 23000 Nov. 1 11 Cash 162 150000 Preferred Stock 12000 Paid-in Capital in Excess of Par-Preferred Stock SHOW LIST OF ACCOUNTS VIDEO: LINK TO TEXT LINK TO TEXT [ ] Your answer is incorrect. Try again. DEL