Please answer the question below in the second picture, thanks!

Larkspur, Inc. was organized on January 1, 2019. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 505,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year: Jan 10 Issued 77,000 shares of common stock for cash at $6 per share. Mar Issued 5,800 shares of preferred stock for cash at $105 per share. or Issued 25,000 shares of common stock for land. The asking price of the land was $88,000. The fair value of the land was $81,000. May Issued 76,000 shares of common stock for cash at $4.25 per share. Aus Issued 10,500 shares of common stock to attorneys in payment of their bill of $36,000 for services performed in helping the company organize. Seot Issued 12,000 shares of common stock for cash at $5 per share. Now Issued 3,000 shares of preferred stock for cash at $112 per share. (a) Your answer is correct. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Dr. 30 Common Stock SUL Novas Preferred Stock (C) Prepare the paid-in capital section of stockholders' equity at December 31, 2019. (Enter the account name only and do not provide the descriptive information provided in the question.) Larkspur, Inc. Balance Sheet (Partial) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR