250,00 Gabby Corporation Stockholders' Equity December 31, 2014 Paid in capital Preferred stock, 6%, 25 par. 25.000 shares authorized. 10.000 shares issued Paid-in capital in excess of preferred Common stock $1 par, 10.000.000 shares authorized, 7.000.000 shares issued Paid-in capital in excess of par.common 20,00 7.000,00 21.000.00 28.270.00 Retained camninga Total Shareholders' equity 30.000,00 Required: 1. Journalize the issuance of the preferred stock 2. Joumalize the issuance of the common stock 3. Prepare a schedule showing the computation of the total paid in capital of the company