Bramble Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $ 50. During the first year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued 21,000 shares for cash at $ 56 per share. Issued 15,000 shares for cash at $ 60 per share. July 1 Post to the stockholders' equity accounts,(Post entries in the order of journal entries presented in the previous part) Preferred Stock Date Explanation Ref. Debit Debit Credit Balance Feb. 1 July 1 Paid-in Capital in Excess of Par-Preferred Stock Date Explanation Ref. Debit Credit Balance Feb. 1 July 1