Pina Colada Corp. recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the accountant was unable to review what he had learned earlier about corporation accounting. During the first month, he made the following entries for the corporation's capital stock.

May $2$

Cash

Capital Stock

$($Issued $7,700$ shares of $$10$ par value common stock at $$14$ per share$)$

$10$ Cash

Capital Stock

$($Issued $14,000$ shares of $$20$ par value preferred stock at $$57$ per share$)$

$15$

$798,000$

$10,530$

Cash

$($Purchased $810$ shares of common stock for the treasury at $$13$ per share$)$