Question 18 of 19 24.67/74 View Policies Show Attempt History Current Attempt in Progress Blossom Company was organized on January 1, 2022. It is authorized to Issue 14.500 shares of 8%, $100 par valud preferred stock, and 450,000 shares of no par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year Jan 10 Mar 1 Apr. 1 Issued 84 500 shares of common stock for cash at $6 per share. Issued 5.150 shares of preferred stock for cash at $110 per share. Issued 23,500 shares of common stock for land. The asking price of the land was $91.000. The fair value of the land was $81.500. Issued 84,000 shares of common stock for cash at $5.00 per share. Issued 10,000 shares of common stock to attorneys in payment of their bill of $39.500 for services performed in helping the company organize Issued 11,500 shares of common stock for cash at $7 per share. May 1 Aug 1 Sept. 1 Nov. 1 Issued 2,000 shares of preferred stock for cash at $111 per share. 24.67 / 74 III Question 18 of 19 (b) Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part) Preferred Stock Jan. 10 Paid-in Capital in Excess of Par-Preferred Stock Common Stock 24.67 / 74 III