Sarah 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 Sarah Systems? May 19: Issued 1,300 shares of $2 par value common stock for cash of $9.00 per share. Jun. 3: Issued 200 shares of $6, no-par preferred stock for $10,000 cash. Jun. 11: Recelved equipment with a market value of 568,000 in exchange for 11,000 shares of the $2 par value common stock. Requirement 2. How much paid-in capital did these transactions generate for Sarah Systems? Total paid-in capital generated from these transactions amounts to