E13-?B 'Iidwell Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $47.]. During the rst year of operations, the compan}.F had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued I shares for cash at $53 per share. Jul}.F 1 Issued 12.13111] shares for cash at $57 per share. Instructions {a} Journalize the transactions. {b} Post to the stockholders equity accounts. {cl Indicate the nancial statement presentation of the related accounts