On March 15, 2019 the underwriters for wish COM inform the company that its 5 million shares of one dollar par common stock and its 1 million shares of $100 par Preferred stock have been issued successfully for a total of $146 million. Those proceeds minus $3 million in underwriting fees have been transferred to the companies bank account. Wishcom shares of common stock have been trading a narrow range for some time in the most recent trades had an average share price of six dollars. On September 30, 2022 wish come reacquired 1 million of its common shares in the open market when its Shares were trading at $5.80 which come uses the retirement method and had not required any shares before the state.

Prepare the March 15, 2019 journal entry to record the issuance of its common in preferred shares

Prepare the September 30, 2022 journal entry to record its re-purchase of 1 million common shares