14Th edtion Exercise 12-3 On January 22, Jefferson County Rocks, Inc. a marble contractor issued for cash 180,000 shares of $20 par common stock at $23 and on February 27, it issued for cash 25,000 shares of preferred stock $7 par at $9.00 a. Journalize the entries for January and February b. What is the total amount invested (total paid-in capital) by al stockholders as of February 27. Facts Facts Common Stock: PAR PrefStock PAR Sell Prc Shares Total cost Total cost Par Excess of Par Sell Prc Shares Total Cost ($23 x 180,000) ($9 x25,000) ($30 x180,000) Total costPar ($7 x 25,000) ExcessofPar Date Debit Credit Total