Current Attempt in Progress Marin Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $117.000 Prepare the journal entry for the issuance when the market price of the common shares is $176 each and market price of the preferred is $220 each (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $204 per share (Round answers to decimal places , eg. $1,225. Credit account titles are automatically Indented when amount is entered. Do not indent manually . If no entry is required select "No Entry for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit a) (b) e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit