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stock and 50,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $50 per share. The

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stock and 50,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $50 per share. The following stock transactions pertain to Eastport Incorporated: a. Issued 15,000 shares of common stock for $12 per share. b. Issued 5,000 shares of the class A preferred stock for $51 per share. c. Issued 60,000 shares of common stock for $15 per share. Required Prepare the stockholders' equity section of the balance sheet immediately after these transactions. Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion

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