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Exercise 15-s Larkspur Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $114,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $176 each and market price of the preferred is $220 each (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $198 per share. (Round answers to O decimal places,e.g. $1,225. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. No. Account Titles and Explanation Debit Credit