Problem 13-01A a-c (Part Level Submission) whispering winds Corporation was organized on lanuary 1 2020. Its authorized to issue 12 50 shares of 8% si stock with a stated value of $2 per share. The following stock transactions were completed during the first year par value preferred stock and su o e share, par common Jan. 10 Issued 78,000 shares of common stock for cash at $4 per share Mar. 1 1ssued 5,750 shares of preferred stock for cash at $110 per share. Apr. 1 Issued 23,000 shares of common stock for land. The asking price of the land was $94,000. The fair value of the land was $80,500 May 1 Issued 81,500 shares of common stock for cash at $4.25 per share. Aug. 1 issued 10,500 shares of .com on stock tt attorneys in payment of their bof $42,000 for services Performed in helping the company orgente Sept. 1 Issued 11,500 shares of common stock for cash at $6 per share Nov. 1 Issued 3,000 shares of preferred stock for cash at $108 per share. 00 000 0000O