Sunland Company is authorized to issue both preferred and common stock. The par value of the preferred is $50. Feb. 1 Issued 20,000 shares for cash at $58 per share. July 1 Issued 14,000 shares for cash at $62 per share. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit accouni titles and enter 0 for the amounts.) histi? ??gumi: .liilegg an811 11?elbalinsatiisin Date Debit Credit