Sheridan Company began operations on April 1 by issuing 51,700 shares of $5 par value common stock for cash at $14 per share. On April 19, it issued 1,600 shares of common stock to attorneys in settlement of their bill of $29,000 for organization costs. In addition, Sheridan issued 1,300 shares of $2 par value preferred stock for $8 cash per share. Journalize the issuance of the common and preferred shares, assuming the shares are not publicly traded. (Record journal entries in the order presented in the problem. 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 O for the amounts.) .. Date Account Titles and Explanation (To record issuance of common stock for attorney's fees) (To record issuance of Preferred stock for cash) Debit Credit SUPPORT