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On January 22, Jefferson County Rocks Inc, a marble contractor, issued for cash 25,000 shares of $20 par common stock at $68, and on February

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On January 22, Jefferson County Rocks Inc, a marble contractor, issued for cash 25,000 shares of $20 par common stock at $68, and on February 27 , it issued for cash 160,000 sheres of preferred stock, $5 par at $8. a. Journalize the entries for January 22 and February 27 . If an amount box does not require an entry, leave it blank. b. What is the total omount invested (total paid-in capitai) by all stockholders as 'of February:27

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