Multiple Choice Question 57 The shareholders' equity section of Winters Company contained the following balances as of December 31, 2017: Preferred stock (8%, $15 par value, cumulative) $2250 Preferred stock (12%, $10 par value, noncumulative) 2000 Common stock ($1 par value, 5000 shares authorized, 4000 issued and 300 held in treasury) 4000 Additional pald-in capital: Preferred stock (8%) 1500 Preferred stock (12%) Common stock 2360 Retained earnings 4286 Less: Treasury stock (6150) Total shareholders' equity $11246 1500 During 2018, Winters entered into the following transaction: On September 26, the company issued 250 shares of its 8 percent preferred stock at $26 per share. Which of the following would be included in the September 26 journal entry? a debit to Preferred Stock for $3750. a credit to Cash for $6500. a debit to Cash for $3750. a credit to Additional Paid In Capital for $2750