(13 complete) Sandy Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sandy Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) May 19: Issued 1.600 shares of $3 par value common stock for cash of $13.00 per share. Date Accounts Debit Credit May 19 Jun. 3: Issued 500 shares of $2. no-par preferred stock for $25,000 cash. Debit Credit mete Accounts sactions: ed. ef More Info for Issued 1,600 shares of $3 par value common stock for cash of $13.00 per May 19 share. Jun. 3 Isssued 500 shares of $2, no-par preferred stock for $25,000 cash. 11 Received equipment with a market value of $68,000 in exchange for 6,000 shares of the $3 par value common stock. Print Done 5.0 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sandy Systems? Jun. 3: Issued 500 shares of $2, no-par preferred stock for $25,000 cash Date Accounts Debit Credit Jun 3 Jun. 11: Received equipment with a market value of $68,000 in exchange for 6,000 shares of the $3 par value common | || Date Accounts Dehit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Jun 11: Received equipment with a market value of $68,000 in exchange for 6,000 shares of the $3 par value common stock Date Accounts Debit Credit Jun. 11 Requirement 2. How much paid-in capital did these transactions generate for Sandy Systems? Total paid-in capital generated from these transactions amounts to $ Choose from any list or enter any number in the input fields and then continue to the next