Question 23 (1 point) Heyward Corporation has issued common stock and preferred stock in a lump sum sale on January 2, 2024. The company issued 1,500 shares of common stock and 850 shares of preferred stock for a lump sum of $300,000 cash. The par value of the common stock is $25 per share and par value of the preferred stock is $22 per share. On the date of issuance, the fair value of common stock is $28 per share the fair value of the preferred stock is $32 per share. Each Stock has a ready market for buying and selling the stock. In the journal entry for the issuance of the common stock, how much is credited to the Paid-in-Capital in Excess of Par - Common Stock account? (round calculations to 2 decimal places) a) $145,500 Ob) $163,500 c) $37,500 d) $983,000