Part C: Prepare the paid-in capital section of Stockholders equity at December 31st, 2020

CALCULATOR MESS le Spruce Car oration as o anized January 1 2020. It is authorized to iss e 14,500 shares or 8% $100 par value preferred stock and 450 000 shares of ro a comm a stock with a stated value of $3 per sha e. The folowing stock transactions eted during the first year era oom an. 101ssued 84,500 shares of common stock for cash at $6 per share. r. 11ssued S,150 shares of preferred stock for cash at $110 per share. r. 11ssued 23,500 shares of common stock for land. The asking price of the land was 91,000. The fair value of the land was sB1.500 ay 11ssued 84,000 shares of common stock for cash ot $5.00 per share. g. 11ssued 10,000 shares of common stock to attorneys in payment of their bll of $39,SCO for services performed in helping the company organize. ept. 11ssued 11,500 shares of common stock for cash at $7 per share. ov. 11ssued 2,CC0 shares of preferred stock for cash at $111 per share. ournalize the transactions. (Record journal entries in the order presented in the probiem. Credit account tities are automatically indented when amount is entered. Do not indent manualy.) ste Account Titles and Explanation Debit Credit ast to the stockholders cquity accounts. (Post entries in the order of journal entries presented in the previous part.)