On May $15,$ Helena Carpet Inc., a carpet wholesaler, issued for cash $320,000$ shares of no$-$par common stock $($with a stated value of $$5)$ at $$15,$ and on June $30,$ it issued for cash $10,000$ shares of preferred stock, $$60$ par at $$65.$

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a$.$ Journalize the entries for May $15$ and June $30,$ 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.

DateAccountDebitCredit

May $15$

June $30$

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b$.$ What is the total amount invested $($total paid$-$in capital$)$ by all stockholders as of June $30?$

fill in the blank $1$ of $1$$