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Marigold Corporation was organized on January 1 , 2 0 2 7 . It is authorized to issue 1 4 , 0 0 0 shares

Marigold Corporation was organized on January 1,2027. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 497,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year.Jan. 10 Issued 79,500 shares of common stock for cash at $6 per share.Mar. 1 Issued 5,200 shares of preferred stock for cash at $110 per share.Apr. 1 Issued 24,000 shares of common stock for land. The asking price of the land was $94,500. The fair value of the landwas $83,500.May 1 Issued 79,500 shares of common stock for cash at $4.50 per share.Aug. 1 Issued 10,000 shares of common stock to attorneys in payment of their bill of $42,500 for services performed inhelping the company organize.Sept. 1 Issued 10,000 shares of common stock for cash at $7 per share.Nov. 1 Issued 1,000 shares of preferred stock for cash at $109 per share.Prepare the paid-in capital section of stockholders' equity at December 31,2027.(Enter the account name only and do not provide the descriptive information provided in the question.)

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