L01,2 (50 MIN) Check Figure (2) Total Poid-In Capital $2,820 Set A 18A-1. The following is the Paid-In Capital section of stockholders' equity for the Gracie Corporation on June 1, 2017: Paid-In Capital: Preferred Stock, 598 pac authorized 23,000 shares, 4,500 shares issued $ 41,000 Paid-In Capital in Excess of Par ValuePreferred Stock 115.000 Common Stock, $27 par, authorized 49,000 shares, 17,000 shares issued 450,000 Paid-In Capital in Excess of Par Value--Connon Stock 165.000 Total Paid-In Capital 51,180,000 The following transactions occurred in the months of June and July: 2013 June 1 Issued 3.200 shares of preferred stock at $10 per share. 2 Issued 7,200 shares of common stock at 548 per share. 15 Issued 7,800 shares of common stock at $42 per share July 2 Issued 4,800 shares of preferred stock at $108 per share. 18 Issued 1.900 shares of common stock in exchange for building and land with fair market value of 562.000 and 554.000, respectively 18A-3. From the following partial mixed list, select the appropriate titles and prepare a stockholders' equity section using the source-of-capital approach as shown in the Blueprint example for Ununoctium Corporation on July 31, 2017: Office Equipment $ 95,000 Land 220,000 Paid-In Capital in Excess of Par Value-Preferred Stock 90,000 Building 95,000 Accounts Receivable 110,000 Notes Receivable 44,000 Organization Costs 9,000 Common Stock, $13 par value (59,000 shares issued and outstanding; 80,000 shares authorized) 767,000 Retained Earnings 205,000 Subscriptions Receivable-Common Stock 80,000 Patents 11,000 Preferred 10% Stock, $51 Par (6,200 shares issued: 8,000 shares authorized) 316,000 Common Stock Subscribed at Par 195,000 Paid-In Capital in Excess of Par Value---Common Stock 23,000