Question 1 Crane Company had these transactions during the current period. June 12 Issued 89,500 shares of $1 par value common stock for cash of $335,625 July 11 Issued 3,500 shares of $104 par value preferred stock for cash at $111 per share. Nov. 28 Purchased 1,900 shares of treasury stock for $8,350. Prepare the journal entries for the Crane Company transactions shown above. (Record journal entries in the order presented in the prob indent manually. If no entry is required, select "No Entry" for the account titles and titles are automatically indented when amount is entered. Do not enter o for the amounts.) Debit Credit Date Account Titles and Explanation