Entries for Issuing Stock On January 22, Muir Corporation issued for cash 20,000 shares of no-par common stock at $25. On February 14, Muir issued at par 1,000 shares of 6%, $75 par preferred stock for cash. On August 30, Muir Corporation issued for cash 21,000 shares of preferred 6% stock, $75 par at $83. Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 22 Cash 500,000 Common Stock 500,000 Feb. 14 Cash 75,000 Preferred Stock 75,000 Aug. 30 Cash Preferred Stock II. Paid-In Capital in Excess of Par-Preferred Stock