E11-6 On January 1 Weiss Corporation had 75,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following transactions occurr

E11-6 On January 1 Weiss Corporation had 75,000 shares of no-par common stock issued

and outstanding. The stock has a stated value of $5 per share. During the year, the

following transactions occurred.

Apr. 1 Issued 8,000 additional shares of common stock for $11 per share.

June 15 Declared a cash dividend of $1.50 per share to stockholders of record on

June 30.

July 10 Paid the $1.50 cash dividend.

Dec. 1 Issued 4,000 additional shares of common stock for $12 per share.

15 Declared a cash dividend on outstanding shares of $1.70 per share to

stockholders of record on December 31.

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