Problem 3-3 Pina Colada Corp. was organized on January 1, 2017. It is authorized to issue 19,300 shares of 5%, $52 par value preferred stock and 461,000 shares of no par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year Jan 10 Issued 70.500 shares of common stock for cash at 36 Der share Mar. 1 Issued 1.210 shares of preferred stock for cash at 557 per share May Issund 115,500 shares of common stock for cash at $6 per share Sept. Issued 5.100 shares of common stock for cash at 4 per share Nov. 1 Issued 3,100 shares of preferred stock for cash at $54 per share CALCULATOR FULL SCREEN PRINTER VERSION BACK NI Prepare a tabular summary to record the transactions, (Ir a transaction causes a decrease in Assets.tabilities or Stockholders' Equity, place a negative sion for parentheses) in front of the amount entered for the particular Asset, Liability or Equity in that was reduced.) Assets Liabilities Stockholders' Equity Paid-in-Capital Retained Earnings PIC in Excess of Common Stated Value + PIC in Excess of Stock Cons. Prel, Stock Par Value Prel Revenue Expense Dividend Jan. 10 Cash . . May 1 Sept. 1 No. 1 Total Prepare the paid in ES Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2017 PINA COLADA CORP. Partial Balance Sheet Hy $ --- -2023John Wiley & Sons All Rights