Eastport Inc was organized on June 5, Year 1. It was authorized to issue 300,000 shares of $10 par common stock and 40,000 shares of 4 percent cumulative class A preferred stock. The class A stock had a stated value of $25 per share. The following stock transactions pertain to Eastport Inc. 1. Issued 17,000 shares of common stock for $15 per share 2 Issued 10,000 shares of the class A preferred stock for $30 per share. 3. Issued 56,000 shares of common stock for $18 per share. Required a. Prepare general journal entries for these transactions. (If no entry is required for a trensaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Issued 17,000 shares of common stock for $15 per share