Determine the amount of cash that dee-light

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On January 6, Dee-Light Corporation issued for cash 19,950 shares of $2 par value common stock at $33 per share. On May 10, Dee-Light issued at par 4,850 shares of preferred 5% stock, $20 par for cash. On June 22, Dee-Light issued for cash 22,400 shares of 5%, $25 par value preferred stock at $33 per share. Determine the amount of cash that Dee-Light will receive from each of these stock issuances for January 6, May 10, and June 22.

Reference no: EM131255545

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