Oriole Company was organized on January 1, 2022 It is authorized to issue 15.000 shares of 8%, $100 par value preferred stock, and 456,000 shares of no-par common stock with a stated value of $2 pershare. The following stock transactions were completed during the first year. Jan. 10 Mar. 1 Apr. 1 May 1 Issued 79,000 shares of common stock for cash at $4 pershare. Issued 5,000 shares of preferred stock for cash at $110 pershare. Issued 23,500 shares of common stock for land. The asking price of the land was $94.500 The fair value of the land was $67,500 Issued 77,500 shares of common stock for cash at $5.25 pershare. Issued 11,000 shares of common stock to attorneys in payment of their bill of $45.000 for services performed in helping the company organize. Issued 11.000 shares of common stock for cash at $5 pershare. Issued 2000 shares of preferred stock for cash at $113 pershare. Aue. 1 Sept 1 Nov. 1 Post to the stockholders'equity accounts. (Post entrles In the order of journal entrles presented in the previous part.) Preferred Stock Mar. 1 500000 No. 1 Dec 31 Bal 700000 Pald-In Capltal in Excess of Par-Preferred Stock Mar. 1 50000 Nov 1 28000 Dec 31 Bal 78000 Common Stock Jan. 10 158000 Apr. 1 47000 May 1 155000 1.dad Aug. 1 Sept 1 Dec. 31 BaL 404000 Pald-In Capital In Excess of Stated Value-Common Stock Jan. 10 159000 Apr. 1 40500 May 1 251875 Aug. 1 Sept 1 33000 100 Dec 31 Bal 506375 Prepare the paid-in capital section of stockholders' equity at December 31, 2022 (Enter the account name onlyand do not provide the descriptive Information provided in the question.) Orlole Company Balance Sheet (Partial) $ V $