Problem 13-06-b (Video) Bramble Corporation has been authorized to issue 20,000 shares of $100 par value, 10%, preferred stock and 1,004,400 shares of no-par common stock. The corporation assigned a 52.70 slated value to the common slock Al December 31, 2020, the ledger contained the following balance partaining to stockholders' equity. Preferred Stock $120,000 Paid-in Capital in Eres al Par-Perred Stock 24,500 Common Stock Paid-in Capital in Ersal Stated value-Common Stock 1,599,500 Treasury Stock (960 common shares) 10.560 Paid-in Capital from Treasury Stock Retained Earnings 84,500 Accumulated Other Comprehensive Income 61,000 The prired stock was issued for land having a fair value of $144,500. All common stock issued was for cash In November, 1,440 shares of common slock wire purchased for the treasury at a pur share cost of $11. In December, 480 shares of treasury slock were sold for $14 per share. No dividends were declared in 2020. Prepare the journal is for the: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) Issuance of preferred stock for land. (2) Ise of common stock for cash. (3) Pardase of common treasury stock for cash. (4) Sale of trey stock for cash. No Account Titles and explanation Debit Credit 1. 3. 4 SHOW LIST OF ACCOUNTS LINK TO TOIT LINK TO TEXT Prepare the stockholders' equily section at December 31, 2020. (Enter the account name only and do not provide the BRAMBLE CORPORATION Balance Sheet(Partial Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS