Carla Vista Co. had these transactions during the current period. June 12 Issued 83.000 shares of $1 par value common stock for cash of $311,250. July 11 issued 4.300 shares of $103 par value preferred stock for cash at $107 per share. Nov. 28 Purchased 2.400 shares of treasury stock for $9,350. apport Prepare the journal entries for the Carla Vista Co. transactions shown above. (Record journal entries in the order presented in the problem Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the accountitles and enter for the amounts.) The stockholders' equity section of Martinez Corp's balance sheet at December 31 is presented here. MARTINEZ CORP Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 9,800 shares authorized, 5.900 shares issued and outstanding Common stock, no par, 749,000 shares authorized, 579,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,500 common shares) Total stockholders' equity $595,900 1,737,000 2,332,900 1,158,000 3,490,900 40,000 $3,450,900 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding