The following information applies to the questions displayed below.) was organized in 2014 to operate a tax preparation business. The charter authorized Williamson Corporation the following capital stock: common stock, par value $4 per share, 93,000 shares. During the first year, the following selected transactions were completed: a. Sold and issued 54,000 shares of common stock for cash at $47 per share. b. Bought 6,000 shares from a stockholder for cash at $49 per share