A company issues 1.13 million shares of preferred stock with a par value of $8.50 at its market price of $32.50 per share. The issuance should be recorded with a debit to Cash for: $36.73 million, a credit to Preferred Stock for $9.61 million, and a credit to Additional Paid-in Capital for $2712 million. O $36.73 million and a credit to Preferred Stock for $36.73 million $2712 million, a credit to Additional Paid-in Capital for $9.61 million, and a credit to Preferred Stock for $36.73 million. O $9.61 million and a credit to Preferred Stock for $9.61 million