Practice Exercise 15-1 During its first year of operations, Wildhorse Company had the following transactions pertaining to its common stock. Jan. 5 Issued 53,000 shares for cash at $5 per share. Aug. 1 Issued 19,000 shares for cash at $9 per share. Sept. 20 Issued 5,000 shares and paid $51,000 in cash to a vendor in exchange for computers. The list price of the computers totaled $98,000 Dec. 19 Issued 44,000 shares for cash at $10 per share