Blossom company had these transactions during the current period.
june 12 issued 83,500 shares of $1 par value common stock for cash of $313,125.
july 11 issued 2,800 shares of $101 par value preferred stock for cash at $106 per share.
nov. 28 purchased 3,350 shares of treasury stock for $8,450.

Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is: