On January 1, Indigo Corporation had 63,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 June 15 July 10 Dec. 1 Dec. 15 Issued 18,450 additional shares of common stock for $13 per share. Declared a cash dividend of $1.50 per share to stockholders of record on June 30. Paid the $1.50 cash dividend. Issued 8,200 additional shares of common stock for $13 per share. Declared a cash dividend on outstanding shares of $1.90 per share to stockholders of record on December 31

Oi January 1. Indeg Corporation had 63,000 shures of no par commonstork istued and cutsanding. The stock far a stated value of 54 per share Durine the year, the foliowing trakisethons occurred. Aon 1 Issued 1e440 additional shares of common stock for $13 per thare Jure 15. Decleredacath dividend of $150 per thare to stockholders of fecord se fune 30 Ny10 Paidthe\$1s0tashdidend OEe 1. twued 8,200 additional thaces of commen Mock for 313 per thare