Entries for issuing no$-$par stock

On May $15,$ Helena Carpet Inc., a carpet wholesaler, issued for cash $135,000$ shares of no$-$par common stock $($with a stated

value of $$6)$ at $$24,$ and on June $30,$ it issued for cash $20,000$ shares of preferred stock, $$85$ par at $$90.$

a$.$ Journalize the entries for May $15$ and June $30,$ assuming that the common stock is to be credited with the stated value.

If an amount box does not require an entry, leave it blank.

b$.$ What is the total amount invested $($total paid$-$in capital$)$ by all stockholders as of June $30?$

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