Mercury Corporation issued 4,000 shares of no-par common stock for $15 per share. Mercury also issued 4,600 shares of $50 par, 6 percent noncumulative preferred stock at $60 per share. Required a. Record these events in a horizontal statements model. b. Prepare journal entries to record these transactions. Complete this question by entering your answers in the tabs below. Mercury Corporation issued 4,000 shares of no-par common stock for $15 per share. Mercury also issued 4,600 shares of $50 par, 6 percent noncumulative preferred stock at $60 per share. Required a. Record these events in a horizontal statements model. b. Prepare journal entries to record these transactions. Complete this question by entering your answers in the tabs below. Prepare journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet B Mercury Corporation issued 4,000 shares of no-par common stock for $15 per share. Record the transaction. Note: Enter debits before credits