On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 65,000 shares of $25 par common stock at $85, and on February 27, it issued for cash 150,000 shares 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 amount invested (total paid-in capital) by all stockholders as of February 27?