Coronado Company is authorized to issue 23800 shares of 7%, $100 par value preferred stock and 1040000 shares of no-par common stock with a stated value of $1 per share. If Coronado issues 11900 shares of preferred stock for land with an asking price of $1248000 and a market value of $1228000, which of the following would be the journal entry for Coronado to record?