Jan 10 Pina Colada Corp. was organized on January 1, 2017. It is authorized to Issue 19,300 shares of 5%.$52 par value preferred stock and 461,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year. issued 70,500 shares of common stock for cash at $6 per share. Mar issued 1.210 shares of preferred stock for cash at $57 per share. May Issued 115,500 shares of common stock for cash at S per share, Sept Issued 5.100 shares of common stock for cash at 54 pershare Issued 3.100 shares of preferred stock for cash at $54 per share 1 1 1 Now 1 Joumalize the transactions (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Assets Liabilities Cash Common Stock PIC Jan 10 $ 423000 $ 70500 $ Mar. 1 68970 May 1 693000 115500 Sept 1 Nov. 1 Total