need this ASAP please. I have attatched the templet that the templet that the Professor returned. Please fill in the correct answers. Please show all work.

On January 29, Quality Marble Inc., a marble contractor, issued for cash 75,000 shares of $10 par common stock at $23, and on May 31, it issued for cash 100,000 shares of $4 par preferred stock at $6.

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A - Illustrate the effects on the accounts and financial statements of the January 29 and May 31 transactions.

B - What is the total amount invested (total paid-in capital) by all stockholders as of May 31?

Exercise 8-17 a. Statement of Cash Flows Cash From Financing Activity Assets = Cash $1,725,000 Balance Sheet Liabilities + $1,725,000 Statement of Cash Flows Cash From Financing Activity Assets = Balance Sheet Liabilities + Cash $600,000.00 comma in wrong place b. Show your work. for part B you need to ad a. Share issued= 75,000 at $10 Par Value and $13 per Share Premium. So, total Cash fl b. Share issued= 100,000 at $4 Par Value of Preference Share and $2 per Share Premiu 752,000.00 400,000.00 _________________________ 1,150.000.00 Income Statement Stockholders' Equity 1,725,000 600,000 delete this line delete this line number of sharessold x par is numberof sharessold x (sellin Income Statement Stockholders' Equity $600,000 delete this line number of shares sold sold * par number of shares * selling price - par number of sharessold x par is numberof sharessold x (sellin eed to add the two cash amoun per Share Premium. So, total Cash flow of $1,725,000 (23 x 75,000) ence Share and $2 per Share Premium. So, total Cash flow of $600,000 (6 x 100,000) x par is common stock (selling price - par) is paid in cap x par is common stock (selling price - par) is paid in cap amounts d in capital d in capital Exercise 8-22 February 6 March 9 Statement of Cash Flows Balance Sheet Assets = Liabilities + No Effects No Effects add: $55,350 No Journal Entry is required on this date therefore, no effect. April 8 Statement of Cash Flows Decreased in cash from financing activity Balance Sheet Assets = Liabilities + $55,350.00 $55,350.00 Decrease in cash, decrease in current liability No eff 6-Feb Dividend Declared on this date will reduce the Retained Earning and Shareholder's Eq 8-Apr On the date of payment of dividend, cash will be decreased and liabilities will also dec Income Statement Stockholders' Equity less: $55,350 No Effects Income Statement Stockholders' Equity n current liability No effect arning and Shareholder's Equity and Increase the Current Liabilities. ed and liabilities will also decrease