Maxville Company issues 300 shares of $50 par preferred stock and 1,000 shares of $10 par common stock in a "package" sale on December 31. Total proceeds received amount to $39,000. Required: Record the transaction for each independent assumption shown: 1. The common stock has a current market value of $19 per share; the current market value of preferred stock is not known. 2. The common stock and the preferred stock have a current market value per share of $22 and $60, respectively