Stevie 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 Stevie Systems? Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from anvinurnalentries) May 19: Issued 1,700 shares of $1 par value common stock for cash of $12.00 per share. More info \begin{tabular}{ll} \hline May 19 & Issued 1,700 shares of $1 par value common stock for cash of $12.00 per share. \\ Jun. 3 & Isssued 240 shares of $4, no-par preferred stock for $12,000 cash. \\ Jun. 11 & Receivedequipmentwithamarketvalueof$68,000inexchangefor4,000sharesofthe$1parvaluecommonstock. \\ \hline \end{tabular}