Splish Corporation is authorized to issue 47,000 shares of $5 par value common stock. During 2025, Splish took part in the following selected transactions. a. Issued 4,800 shares of stock at $44 per share, less costs related to the issuance of the stock totaling $5,800. b. C. Issued 1,100 shares of stock for land appraised at $47,000. The stock was actively traded on a national stock exchange at approximately $45 per share on the date of issuance. Purchased 470 shares of treasury stock at $46 per share. The treasury shares purchased were issued in 2021 at $43 per share d. Retired the treasury shares purchased in part (c).