VEW PRINTER Question 3 Your answer is partially correct. Try again. Sandhil Inc. issues 500 shares of $10 per value common stock and 100 shares of $100 par value preferred stock for a lump sum of s18,000 (a) Prepare the journal entry for the issuance when the market price of the cemmon shanes is $180 each and market price of the preferred is $225 each. (b) Prepare the journal entry for the issuance when only the market pron cf common stock is known and 1s S206 per share. (Round answers to O decimal places,o.g. $1,225. Credit account tities are automaticely Indented when amount is entered. Do not indent manually. Ir mo entry is reguired, selec No Entry" for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit Paid-in Capital in Excess of Par-Coemon Stock Stock Paid-in Capital in Excess of Par - Preferred Stock Preferred Stock Captal in Excess of Par Coon Stock Cepital in Excess of Par Proferred Stock Show Work for this question Open 5o wk Click if yeu would tike to Show Work for this