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On May 15, Helena Carpet inc, a carpet whilesolec, issued for cash 230,000 shares of no par common stock (with a stated value of $5)

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On May 15, Helena Carpet inc, a carpet whilesolec, issued for cash 230,000 shares of no par common stock (with a stated value of \$5) at \$15, and on - June 30, it issued for cash 20,000 shares of preferred stock, $85 par at $90. a. Joumalize the entries for May 15 and June 30 , assuming that the common stock is to be credted with the stoted value. If an amount bax does not require an entry, lesve it blanki b. What is the total amount invested (total pad-in capital) br all mockiolders as of June 309

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