In its first year of operations, Splish Brothers Inc. had the following transactions pertaining to its $11 par value preferred stock. Feb. 1 Issued 8,000 shares for cash at $27 per share. July 1 Issued 6,800 shares for cash at $25 per share. (a) 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.) Date Account Titles and Explanation Feb. 1 Cash Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock) Debit Credit