In its first year of operations, Arid Corporation had the following transactions pertaining to its $20 par value preferred stock. Feb. 1 Issued 6,000 shares for cash at $43 per share Nov. 1 Issued 3,000 shares for cash at $45 per share Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Credit Date Account Titles and Explanation Debit Feb. 1 Nov. 1 Indicate the amount to be reported for (1) preferred stock, and (2) paid-in capital in excess of par-preferred stock at the end of the year (1) Preferred stock $ (2) Paid-in Capital in Excess of Par-Preferred Stock