Crane Corporation issued 1,800 shares of $10 par value cominon stock upon corwersion of 900 shares of $50 par value preferted stock. The preferred stock was originally issued at $65 per share. The common stock is trading at $27 per share at the time of canversion: Record the conversion of the preferred stoch, (list all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry' for the account tities and enter o for the amounts)