Entries for issuing No-Par Stock On February 12, Quality Carpet Inc, a carpet wholesaler, issued for cash 320,000 shares of no-par common stock (with a stated value of $6) at $24, and on August 3, it issued for cash 20,000 shares of $30 par preferred stock at $83. a. Journalize the entries for February 12 and August 3, assuming that the common stock is to be credited with the stated value For a compound transaction, it an amount box does not require an entry, leave it blank Feb 12 Aug. 3 b. What is the total amount invested (total pald-in capital) by all stockholders as of August 37