Use the following to answer Questions 12 and 13: On May 1st, San Francisco Corporation issued 10,000 shares of $10 par value common stock for $30 per share. On May 17th, San Francisco Corporation issued 5,000 shares of $50 par value 10% preferred stock for $50 per share D Question 12 4 pts The journal entry to record the May 1st transaction would be: debit Cash $300,000 credit Common Stock $300,000 debit Cash $100,000, credit Common Stock $100,000 debit Common Stock $300,000, credit Cash $300,000 debit Cash $300,000, credit Common Stock $100,000, credit Paid in Capital in Excess of Par $200,000 D Question 13 4 pts The journal entry to record to May 17th transaction would be: debit Cash $25.000, credit Preferred Stock $25,000 debit Cash $250.000, credit Preferred Stock $25,000, credit Pald in Capital in Excess of Par $225,000 debit Cash $250.000, credit Preferred Stock $250.000 debit Preferred Stock $250.000. credit Cash $250,000