Quay Co. had the following transactions during the current period.

Mar.2Issued4,200shares of $6par value common stock to attorneys in payment of a bill for $30,400for services performed in helping the company to incorporate.June12Issued58,700shares of $6par value common stock for cash of $420,600.July11Issued1,700shares of $110par value preferred stock for cash at $130per share.Nov.28Purchased3,470shares of treasury stock for $76,000.

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