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Swifty Corporation had the following transactions during the current period. Mar. 2 Issued 3,500 shares of $5 par value common stock to attorneys in payment

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Swifty Corporation had the following transactions during the current period. Mar. 2 Issued 3,500 shares of $5 par value common stock to attorneys in payment of a bill for $21,000 for services performed in helping the company to incorporate. June 12 Issued 67,000 shares of $5 par value common stock for cash of $418,750. July 11 Issued 1,200 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 2,100 shares of treasury stock for $84,000

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