Question 22 (4 points) Use the following information for items 22, 23, 24 and 25. Golden Rams Corporation was started on January 1, 2020. The corporate charter authorized Golden Rams to issue 100,000 shares of 6%, $50 par cumulative preferred stock and 500,000 shares of $5 par value common stock. What journal entry is needed to record the following transaction? Issued 400 shares of preferred stock to an attorney in payment of legal fees worth $30,000 for organizing the corporation. Debit: Investment in Stock, 30,000; Credit: Preferred Stock, 10,000 and Paid-in Capital in Excess of Par-Preferred Stock, 20,000 Debit: Organization Expense, 30,000: Credit: Preferred Stock, 20,000 and Paid-in Capital in Excess of Par-Preferred Stock, 10.000 Debit: Treasury Stock, 30.000; Credit: Preferred Stock, 30.000 Debit: Prepaid Organizational Costs, 30,000: Credit: Preferred Stock, 30,000