Riverbed Corp has been authorized to issue 20,300 shares of $100 par value, 6%, noncumulative preferred stock and 1,130,000 shares of no-par common stock. The corporation assigned a $5 stated value to the common stock. At December 31, 2017, the ledger contained the following balances pertaining to stockholders' equity. Preferred Stock $153,000 Paid-in Capital in Excess of Par Value-Preferred Stock 21,300 Common Stock 1,975,000 1,540,000 Paid-in Capital in Excess of Stated Value-Common Stock Treasury Stock (4,300 common shares) 43,000 Retained Earnings 82,100 Accumulated Other Comprehensive Income 49,300 The preferred stock was issued for $174,300 cash. All common stock issued was for cash. In November 4,300 shares of common stock were purchased for the treasury at a per share cost of $10. No dividends were declared in 2017. v (a) Prepare the journal entries for the following. (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 0 for the amounts.) (1) Issuance of preferred stock for cash. (2) Issuance of common stock for cash. (3) Purchase of common treasury stock for cash. No. Account Titles and Explanation Debit Credit 1. Cash 174,300 Preferred Stock 153,000 Paid-in Capital in Excess of Par Value-Preferred SI 21300 2. Cash Common Stock Paid-in Capital in Excess of Par Value-Common Stock 3. Treasury Stock Cash