Questions are not connected. both are based on calculating common stock

HOME 1: On February 1, 2011, Flap Flappy Corp., a newly formed company, had the following stock issued and outstanding: Common stock, no par, $1 stated value, 10,000 shares originally issued for $15 per share Preferred stock, $10 par value, 3,000 shares originally issued for $25 per share At February 1, 2011, how much should Flap Flappy's Statement of Equity report for d. Common Stock Preferred Stock f. Additional Paid-in Capital a. Use Journal entries and T accounts to support your answer e. Home 2: If Brad Braddy converted on 40% of its preferred stock at December 31, 2014 and the market price was $30 per share, What amount should Brad Brady credit to common stock and to additional paid-in capital -- common stock as a result of the conversion? Use Journal entries and T accounts to support your