Sylvan Heights Company issues 114,000 shares of preferred stock for $30 per share. The stock has a fixed dividend rate of 9% and a par value of 50 per share. The company ricords the issuance with a debit to Cash for O $4,332,000 and a credit to Preferred Stock for $4,332,000 $1,026,000 and a credit to Preferred Stock for $1.026,000) O $4,332,000, a credit to Preferred Stock for $1,026,000, and a credit to Additional Paid-in Capital for 3,306,000. O $1,026,000, a debit for $3,306.000 to Long-term Investments, a credit to Preferred Stock for $1,026,000, and a credit to Additional Paid-in Capital for $3,306,000 none of the above