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omaine Corporation issues 20.000 shares of $90 par value prefere to debit to Cash $110 per share. The entry to record the tr: 1) Preferred

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omaine Corporation issues 20.000 shares of $90 par value prefere to debit to Cash $110 per share. The entry to record the tr: 1) Preferred Stock for $1.800,000 and Paid-in Capital in Excess of Par ValuePreferred Stock for $400,000. 2) Preferred Stock for $2,000,000 and Retained Earnings for $200,000. 3) Preferred Stock for $2,200,000. 4) Paid-in Capital from Preferred Stock for $2,200,000

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