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what will be in the t accounts ??? The following selected transactions occurred during 2021 : Jan. 2 Issued 200.000 preferred shares at $2.5 per

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The following selected transactions occurred during 2021 : Jan. 2 Issued 200.000 preferred shares at $2.5 per share. Feb. 8 Issued 100,000 common shares in exchange for land. On this date, the fair value of the land was $209,000. The common shares have not recently traded, but the last time they traded, they sold for $2.5 per share. Mar. 5 Declared the quarterly cash dividend to preferred shareholders of record on March 20, payable April 2. Apr. 18 Issued 410,000 common shares at $3 per share. June: 5 Declared the quarterly cash dividend to preferred shareholders of record on June 20, payable July 1. Sept. 5 Declared the quarterly cash dividend to preferred shareholders of record on September 20, payable October 1. Oct. 4 Issued 43,000 preferred shares at $25 per share. Dec. 5 Declared the quarterly cash dividend to preferred shareholders of record on December 20, payable January 1. 14 Declared a cash dividend of $0.5 per share to the common shareholders of record on December 31 , payable January 10. 31 Net income for the year was $1.07 million. Question 3 of 6 4.15/20 estion 3 of 6

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