Stella Inc. was organized on March 1, 2014. It was authorized to issue 100,000 shares of $10 par 2 9 common stock and 50,000 shares of preferred stock. The preferred stock had a stated value of $50 per share. The following stock transactions pertain to Stella Inc.: 1 Issued 50,000 shares of common stock for $15 per share 2 Issued 10,000 shares of preferred stock for $54 per share 3 Issued 30,000 shares of common stock for $22 per share Required: a. Prepare general journal entries for these transactions Event General Journal Debit Credit 1