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Flint Corporation was organized on January 1,2022. It is authorized to issue 23,300 shares of 6%,$50 par value preferred stock and 469.000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 74,500 shares of common stock for cashat $6 per share. Mar. 1 Issued 1,290 shares of preferred stock for cashat $56 per share. May 1 Issued 119,500 shares of commonstock for cashat $8 per share. Sept. 1 Issued 5,900 shares of common stock for cashat \$A per share. Nov. 1 Issued 3,900 shares of preferred stock for cash at $58 per share