Vaughn Corporation issues $26300$ shares of $$50$ par value preferred stock for cash at $$70$ per share. The entry to record the transaction will consist of a debit to Cash for $$1841000$ and a credit or credits to

Preferred Stock for $$526000$ and Paid$-$in Capital from Preferred Stock for $$1315000.$

Paid$-$in Capital from Preferred Stock for $$1841000.$

Preferred Stock for $$1315000$ and Paid$-$in Capital in Excess of Par$-$Preferred Stock for $$526000.$

Preferred Stock for $$1841000.$