Problem 3. On March 15, 2019, the underwriters for WishComm informed the company that its 5 million shares of 51 par common stock and its 1 million shares of $100 par preferred stock had been issued successfully for a total of $146 million. That amount minus $3 million in underwriting fees had been transferred to the company's bank account. WishComm's shares of common stock have been trading in a narrow range for some time, and the most recent trades near the time of the issuance had an average share price of $6. On September 30, 2022, WishComm re-acquired 1 million of its common shares in the open market when its shares were trading at \$5.80. Wishcomm uses the retirement method and had not re-acquired any shares before this date. a. Prepare the March 15, 2019 journal entry to record the issuance of its common and preferred shares. b. Prepare the September 30,2022 journal entry to record its repurchase of 1 million common shares