On May 15. Helena Carpet Inc, a carpet wholesaler, issued for cash 730,000 shaves of no-par common stock (with a stated valuo of $1.70 ) at 54.70, and on June 30 , it issued for cash. 24,700 shares of preferted stock, $45 par at $61. Required: a. Joumalize the entries for May 15 and June 30, assuming that the common stock is to be creditod wath the staled vatue. b. What is the total amount invested (lotai paid-in capita) by all stockholders as of June 30 ? CHART OF ACCOUNTS Helena Carpet Inc. General Ledger ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 610 Interest Revenue 131 Notes Receivable 132 Interest Receivable EXPENSES 141 Inventory 510 Cost of Goods Sold 145 Office Supplies 515 Credit Card Expense 151 Prepaid Insurance 520 Salaries Expense 181 Land 531 Advertising Expense 193 Equipment 532 Delivery Expense 194 Accumulated Depreciation-Equipment 533 Selling Expenses 534 Fhint Expense LIABILITIES 535 Insurance Expense 210 Accounts Payable 536 Office Supplies Expense 221 Notes Payable 537 Organizational Expenses a. Joumalize the entries for May 15 and June 30, assuming that the common stock is fo be credited with the stated value. Goneral Joumal insfructions b. What is the total amount invested (total paid-in capital) by all stockholders as of June 30