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Problem 11-1A Martinez Corp. was organized on January 1 2017. It is authorized to issue 23 000 shares or 5% $5 par value preferred stock and 4 8 000 shares of no par common stock with a stated value of S2 per share. The following stock transactions were completed during the first year Jan. 10 Issued 69,000 shares of common stock for cash at $5 per share Mar. ssued 1,180 shares of preferred stock for cash at $57 per share May Issued 114,000 shares of common stock for cash at $8 per share. Sept. 1 Issued 4,800 shares of common stock for cash at S4 per share. Nov. 1 Issued 2,800 shares of preferred stock for cash at $55 per share. ournalize the transactions. (Record journal cntrics in the order presented in the problem. Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Post to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part.) Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2017 MARTINEZ CORP. Partial Balance Sheet Click if you would like to Show Work for this question: Open Show Work