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:
a.	Issued 5,000 shares of Preferred Stock, 8.5%, $50 par value for $65 cash per share.
	Total authorized Preferred Stock shares are 15,000; these are the first preferred shares issued.

Provide the journal entry for a.