The Stockholders' Equity accounts of Nardo Corporation at January 1, 2019 appear below:
	Common Stock, $5 par value, 150,000 shares authorized:
	33,500 shares issued and outstanding				$167,500
	Paid in Capital in excess of par value - Common Stock				139,200
	Retained Earnings				186,520
During the year, the following transactions occurred:
b.	Issued 18,000 shares of common stock for $11.50 cash per share

Prepare the journal entry for b.