Novak Corporation was organized on January 1,2022 . It is authorized to issue 13,000 shares of 8%,$100 par value preferred stock, and 526,000 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 84,500 shares of common stock for cash at $6 per share. Mar. 1 Issued 5,150 shares of preferred stock for cash at $105 per share. Apr. 1 Issued 24,000 shares of common stock for land. The asking price of the land was $91,000. The fair value of the land was $80,500. May 1 Issued 83,500 shares of common stock for cash at $4.75 per share. Aug. 1 Issued 11,000 shares of common stock to attorneys in payment of their bill of $38,500 for services performed in helping the company organize. Sept. 1 Issued 12,000 shares of common stock for cash at $7 per share. Nov. 1 Issued 2,000 shares of preferred stock for cash at $109 per share. Journalize the transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) May 1 - Cash Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Aug. 1 Organization Expense 38500 Common Stock Paid-in Capital in Excess of Stated Value-Common Stock 5500 Sept. 1 * Cash 84000 Common Stock 36000 Paid-in Capital in Excess of Stated Value Common Stock Nov. 1 : Cash 218000 Preferred Stock 200000 Paid-in Capital in Excess of Par-Preferred Stock 18000 Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part.) Preferred Stock Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Prepare the paid-in capital section of stockholders' equity at December 31,2022 . (Enter the account name only and do not provide the descriptive information provided in the question.) $