Brief Exercise 243 (Part Level Submission) In its first year of operations, Martinez Corporation had the following transactions pertaining to its $10 par value preferred stock. Feb. 1 July 1 Issued 8,000 shares for cash at $24 per share. Issued 6,000 shares for cash at $25 per share. (a) Indicate the accounts increased or decreased to record the transactions. Date Account Titles Increase/Decrease Amount Feb. 1 (Issued 8,000 shares at $24 per share) July 1 (Issued 6,000 shares at $25 per share)