Marigold Corp. was organized on January 1, 2025. It is authorized to issue 22,500 shares of 7%,$50 par value preferred stock and 457,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 68,500 shares of common stock for cash at $5 per share. Mar. 1 Issued 15.500 shares of preferred stock for cash at $52 per share. May 1 Issued 113,500 shares of common stock for cash at $7 per share. Sept. 1 Issued 4,700 shares of common stock for cash at \$6 per share. Nov. 1 Issued 2,700 shares of preferred stock for cash at $55 per share. May 1 Cash 794500 CommonStock 340500 Paid-in Capital in Excess of Stated Value-Common Stock 454000 Sept1 Cash 28200 Common Stock 14100 Paid-in Capital in Excess of Stated Value-Common Stock 14100 Nov 1 Cash 148500 Preferred Stock 135000 Paid-in Capital in Excess of Par-Preferred Stock 13500 Journalize the transactions. (Record journal entries in the order presented in the problem. 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. List all debit entries before credit entries.) Preferred Stock \begin{tabular}{|l|l|l|l|} \hline 3/1 & 775000 & \\ \hline 11/1 & 135000 & & \\ \hline 12/31 Bal. & & \\ \hline \end{tabular} Paid-in Capital in Excess of Par-Preferred Stock \begin{tabular}{|ll|} \hline 3/1 & 31000 \\ \hline 11/1 & 13500 \\ \hline 12/318aL & \\ \hline & 16500 \\ \hline \end{tabular}