Hello, can someone please help me with the yellow highlighted area? Thanks

More Info - X Mar. 23 Issued 210 shares of $4 par value common stock for cash of $12 per share. Apr. 12 Received inventory with a market value of $29,000 and equipment with a market value of $17,000 for 350 shares of the $4 par value common stock. 17 Issued 800 shares of 6%, $40 par value preferred stock for $40 per share. Print Done The charter of Magnolia Corporation authorizes the issuance of 800 shares of preferred stock and 2,000 shares of common stock. During a two-month period, Magnolia completed these stock-issuance transactions: Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 23: Issued 210 shares of $4 par value common stock for cash of $12 per share. Date Accounts and Explanation Debit Credit Mar. 23 Cash 2.520 Common Stock-$4 Par Value 840 Paid-In Capital in Excess of Par-Common 1,680 Issued common stock for cash. Apr. 12: Received inventory with a market value of $29,000 and equipment with a market value of $17,000 for 350 shares of the 54 par value common stock. Date Debit Credit Apr. 12 29,000 17,000 Accounts and Explanation Inventory Equipment Common Stock-$4 Par Value Paid-In Capital in Excess of Par-Com Issued common stock for inventory and equipment. 1,400 44,600 Apr. 17: Issued 800 shares of 6%, $40 par value preferred stock for $40 per share. Date Debit Credit Apr. 17 Accounts and Explanation Cash Preferred Stock-$40 Par Value 32.000 32,000 Issued preferred stock for cash. Requirement 2. Prepare the stockholders' equity section of the Magnolia balance sheet as of April 30, 2018, for the transactions given in this exercise. Retained Earnings has a balance of $74,000 at April 30, 2018 Magnolia Corporation Balance Sheet (Partial) April 30, 2018 Stockholders' Equity Paid-In Capital: Preferred Stock6%, $40 Par Value; 800 shares authorized, issued, and outstanding $ 32.000 Common Stock-$4 Par Value; 2,000 shares authorized, 560 shares issued and outstanding Paid-In Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings Total Stockholders' Equity