CALCULATOR FULLSCREEN PRINTER VERSION BACK MENTO Question 10 Novak Corp. issues 73000 shares of $50 par value preferred stock for cash at $55 per share. The entry to record the transaction will consist of a debit to cash for 4015006 and a credit or credits to Preferred Stock for $3650000 and Retained Earnings for $365000. Preferred Stock for $3650000 and Paid-in Capital in excess of Par Value-Preferred Stock for $365000. O Paid-in Capital from Preferred stock for $4015000 Preferred Stock for $4015000 Click if you would like to Show Work for this question Open Show Work