stock with a stat ed wake of $ 1 per shre The following stock MoreyCorp. was orgaand on laury 1.2017 misauthorizedtois ransactions were completed during the frst year e 2a500 shares o' 6% $ 53 par vale petered stock an 459000 shares of ropar conmo Jan. 10 hsued 69,500 shares of common stock for cash at $4 per share Mar. 1 Issued 1.190 shares of preferred stock for cash at $ 54 per share May 1 1ssued 114,500 shares of common stock for cash at $ 7pershare Sept i Issued 4.900 shares of common stock for cash at $ 9 per share ov1 tsued 2,900 shares of prefermed stock for cash at $ 54 per share Journalve the transactions.Recod journal entries in the ondler presented in the problem Credit account itles ore outomatically Indented when amount is entered Do not indent manualily if no entry is equied select "No Entry for the account tities and enter O for the amounts Date Account Titles and Explanation Credit 9500 208500 4280 63070 MayC 87000 Date Account Titles and Explanation Debit Credit Jan. 10 Cash 278000 Common Stock 69500 Paid-in Capital in Excess of Par Value-Common Stock 208500 Mar. 1 Cash 64260 Preferred Stock 63070 Paid-in Capital in Excess of Par Value-Preferred Stock 1190 May 1 | Cash 801500 Common Stock 114500 Paid-in Capital in Excess of Par Value-Common Stock 687000 Sept 1 Cash 44100 Common Stock 4900 Paid-in Capital in Excess of Par Value-Common Stock 39200 Nov. 1 Cash 56600 Preferred Stock 153700 2900 Paid-in Capital in Excess of Par Value-Preferred Stock Preferred Stock rae in capeld n of rarvaloe prudered stodk Common Stock Paid-in Capital in Excess of Stated Value -Common Stock e Textbook and Media Prepare the paid-in capital portion of the stockholders'equity section at December 31, 2017. MONTY CORP Partial Balance Sheet December 31, 2017