Moe's Company Comparative Balance Sheet Accounts 1. Equipment costing $73,000 was purchased during the year by issuing common stock shares at par and paying $13,000 in cash. 2. The company issued 1,000 shares common stock at par in exchange for land, and paid an additional $15,000 in cash. 3. In order to supplement its cash, Moe issued 2,000 shares of common stock at par value. 4. Cash dividends of $105,000 were declared and paid at the end of the year