A company issued 20,000 shares of preferred stock with a par value of

$100 for $105. Which of the following entries would not be made?

A. Credit Preferred Stock for $2,000,000.

B. Credit Additional Paid-in Capital—Preferred Stock for $100,000.

C. Debit Cash for $2,100,000.

D. Credit Preferred Stock for $2,100,000.