1-Journalize the following transactions. Mar 1 - Issued 75 000 shares of common stock at $20 per share. 3- Issued 10 000 preferred shares at $40 per share 14m 7-5 000 shares of common stock issued to a creditor who was owed $10 000. 9 - Cash dividend was declared for $0.50 per common stock share and $1 per preferred stock share. 31-Cash dividends declared on the 9th of March are payed. 31-Closed the income summary account which showed a balance of $90 000