Question 5 On May 1, Kokomo Corporation incorporated and authorized 200,000 preferred shares and an unlimited number of common shares. On May 2, Kokomo issued 2,200 common shares for $15 per share. On June 15, it issued an additional 900 common shares for $16 per share. On November 1. Kokomo issued 230 preferred shares for $31 per share. On December 15, it issued an additional 230 preferred shares for $33 per share. Record the share transactions. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation Debit Credit