Sheffield Inc. Issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $103,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $176 pershare (b) (Round answers to decimal places, es $1.225. 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 for the amounts.) Debit Credit No. Account Titles and Explanation 103000 (a) Cash Common Stock Paid In Capital in Excess of Par. Common Stock 10000 Preferred Stock Pald-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par - Common Stock Preferred Stock 10000 Paid-in Capital in Excess of Par-Preferred Stock b) e Textbook and Media List of Accounts