Blue Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $122,000. a. Prepare the journal entry for the issuance when the market price of the common shares is $181 each and market price of the preferred is $226 each. b. Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $214 per share. (List all debit entries before credit entries. Do not round intermediate calculations. Round final answers to O decimal places, eg. 1,225. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.)