Problem 11-1A (Part Level Submission) Ayayal Corp. was organized on January 1, 2017, it is authorized to issue 20,200 shares of 6%, $50 par value preferred stock and 472,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 65,600 shares of common stock for cash at $6 per share Mar. 1 Issued 1,165 shares of preferred stock for cash at $57 per share. May 1 Issued 121,000 shares of common stock for cash at $6 per share. Sept. 1 Issued 6,200 shares of common stock for cash at $7 per share. Nov. 1 Issued 4,200 shares of preferred stock for cash at $56 per share 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.)