On February $12,$ Quality Carpet Inc., a carpet wholesaler, issued for cash $175,000$ shares of no$-$par common stock $($with a stated value of $$6)$ at $$18,$ and on August $3,$ it issued for cash $25,000$ shares of preferred stock, $$80$ par at $$87.$

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a$.$ Journalize the entries for February $12$ and August $3,$ assuming that the common stock is to be credited with the stated value. If an amount box does not require an entry, leave it blank.