The Giant Corporation issues 10,000 shares of $50 par preferred stock for cash at $75 per share. The entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to A. Preferred Stock for $500,000 and Additional Paid-in Capital- Preferred Stock for $250,000 B. Preferred Stock for $500,000 and Retained Earnings for $250,000 C. Paid-in Capital from Preferred Stock for $750,000 D. Preferred Stock for $750,000