Kruse 13-3 (similar to) Vest Corporation engaged in the following share transactions in the first quarter of their fiscal year Jun. 10 issued 6.500 common shares for cash of $14.00 per share 3 Sold 4,000 54 00 Class A preferred shares for $14.000 cash to new investors 11 Received inventory valued at $28,000 and vehicles with market value of $23.00 for 5,000 common Shares Aug 18 wed 3,500 53.00 Class B preferred shares for $15.00 per share Required 1. Journalize the transactions Explanations are not required 2. How much contributed capital did these transactions generat for West Corporation Requirement 1. Joumalize the transactions Explanations are not required Record debits first, then credits Exclude explanations from journal entries) June 10. 6.500 common shares for cash of 514.00 per share Journal Entry Date Accounts Debit Credit Jun