E13-10 AI Corporation issued 100,000 shares of $20 par value, cumulative, 8% preferred stock on January 1, 2011, for $2,100,000. In December 2013, AI declared its first dividend of $500,000. Prepare AI's journal entry to record the issuance of the preferred stock. (For multiple debit/credit entries, list amounts from largest to smallest e.g. 10, 5, 3, 2.) Account/Description Debit Credit