Exercise 11-9A Recording and reporting common and preferred stock transactions LO 11-4 Eastport Inc was organized on June 5, Year 1 It was outhorized to issue 320,000 shares of $11 par common stock and 30,000 shares of 4 percent cumulative class A preferred stock The class A stock had a stated value of $30 per share The following stock transactions pertain to Eastport Inc points 1 Issued 19,000 shares of common stock for $16 per share 2 Issued 9,000 shares of the class A preferred stock for $35 per share 3 Issued 41000 shares of common stock for $19 per share a. Prepare Prepare general journal entries for these transactions (of no entry is required for a transaction/event, select "No journal entry