On May $10,$ Swifty Corporation issues $3,100$ shares of $$5$ par value common stock for cash at $$14$ per share.

Journalize the issuance of the stock. $($Credit account titles are automatically indented when amount is entered. Do not indent manually all debit entries before credit entries. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date Account Titles and Explanation

Debit

Credit

May $10$