Indigo Corporation has been authorized to issue 21,000 shares of $100 par value, 9%, noncumulative preferred stock and 1,200,000 shares of no-par common stock. The corporation assigned a $4 stated value to the common stock. At December 31, 2022, the ledger contained the following balances pertaining to stockholders' equity. Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock Common Stock $160,000 22,000 2,010,000 Paid-in Capital in Excess of Stated Value-Common Stock 1,610,000 Treasury Stock (4,270 common shares) 38,430 Retained Earnings Accumulated Other Comprehensive Income 81,700 50,000 The preferred stock was issued for $182,000 cash. All common stock issued was for cash. In November 4,270 shares of common stock were purchased for the treasury at a per share cost of $9. No dividends were declared in 2022. (a) Prepare the journal entries for the following. (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 titles and enter O for the amounts.) 325 (1) Issuance of preferred stock for cash. (2) Issuance of common stock for cash. (3) Purchase of common treasury stock for cash.