Question 12 0.5 pts A corporation issues 30,000 shares of $100 par value preferred stock for cash at $110 per share. The entry to record the transaction will include a credit to Paid-in Capital in Excess of Par Value for $3,300,000. O credit to Retained Earnings for $3,300,000. credit to Preferred Stock for $3,300,000 credit to Preferred Stock for $3,000,000 and a credit to Paid-in Capital in Excess of Par Value for $300,000. credit to Preferred Stock for $3,000,000 and a credit to Retained Earnings for $300,000