Wingra Corporation was organized in March. It is authorized to issue 500,000 shares of $100 par value 10% preferred stock. It is also authorized to issue 750,000 shares of $1 par value common stock. In its first year, the corporation has the following transactions: Mar. 1 Issued 10,000 shares of preferred stock at $115 per share Mar. 2 Issued 140,000 shares of common stock at $13 per share. Apr. 10 Issued 15,000 shares of common stock for equipment valued at $196,000. The stock is currently trading at $12 per share, and is a more reliable indicator of the value of the equipment Jun. 12 Issued 12,000 shares of common stock at $15 per share. Aug. 5 Issued 1,000 shares of preferred stock at $112 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Mar. 1 Mar. 2 100 100 110 111 100 Apr. 10 Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank Mar. 1 Mar. 2 Apr. 10 111 110 111 110 II) 111 III III III III Jun. 12 v Aug. 5