Sasha Systems completed the following stock issuance transactions: i (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 Sasha Systems? Issued 1,600 shares of $3 par common stock for cash of $13.00 per share. Jun Jul 19 3 Sold 260 shares of $3.00, no-par preferred stock for $13,000 cash. 11 Received inventory with a market value of $28,000 and equipment with market value of $16,000. Issued 3,000 shares of the $3 par common stock in exchange. Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) June 19: Issued 1,600 shares of $3 par common stock for cash of $13.00 per share. Journal Entry Accounts Date Jun 19 Debit Credit July 3: Sold 260 shares of $3.00, no-par preferred stock for $13,000 cash. Date Jul 3 Journal Entry Accounts Debit Credit July 11: Received inventory valued at $28,000 and equipment with market value of $16,000. Issued 3,000 shares of the $3 par common stock in exchange. Journal Entry Date Accounts Debit Credit Jul 11 Cash Common stock Equipment Inventory Paid-in capital in excess of par-common Preferred stock f Requirement 2. How much paid-in capital did these transactions generate for Sasha Systems? Total paid-in capital generated from these transactions amounts to $