Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 55,000 shares of $8 par common stock at $27, and on February 27, it issued for cash 120,000 shares of preferred stock, $8 par at $11. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Cash 1,485,000 Common Stock 440,000 Paid-In Capital in Excess of Par-Common Stock 1,045,000 Feb. 27 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock Feedback Check My Work b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27