Sandy Systems completed the following stock issuance transactions: (Click the icon to view the transactions.) Requirements 1. Journalize the transactions. Explanations are not required. 2. How much paid-in capital did these transactions generate for Sandy Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) May 19: Issued 1,800 shares of $1 par value common stock for cash of $9.00 per share. Date Accounts Debit Credit May 19 More Info May 19 Jun. 3 Issued 1,800 shares of $1 par value common stock for cash of $9.00 per share. Isssued 300 shares of $9, no-par preferred stock for $15,000 cash. Received equipment with a market value of $76,000 in exchange for 8,000 shares of the $1 par value common stock, Jun. 11 Print Done