Question 3 of 14 < > View Policies Current Attempt in Progress -/1 E ! Bridgeport Corporation issued 2,200 shares of $10 par value common stock upon conversion of 1.100 shares of $50 par value preferred stock. The preferred stock was originally issued at $57 per share. The common stock is trading at $25 per share at the time of conversion. Record the conversion of the preferred stock. (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.) Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit Save for Later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 20% score reduction after attempt 1