Exercise 13-9 (Part Level Submission) Tran Corporation is authorized to issue both preferred and common stock. The per value of the preferred is $50. During the first year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued 22,500 shares for cash at 56 per share Daly 1 Issued 13,500 shares for each per share (a) Jeunate the transactions. (Record journal entries in the order presented in the prettem. Credit account tittes are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation De Cred