When companies offer new equity security issues, they publicize the offerings in the financial press and on Internet sites. Assume the following were among the equity offerings reported in December $2024$:

New Securities Issues

Equity

American Materials Transfer Corporation $($AMTC$)-5\mathrm{.}5$ million common shares, $$0\mathrm{.}001$ par, priced at $$13\mathrm{.}304$ each through underwriters led by Second Tennessee Bank N$.$A$.$ and Morgan, Dunavant & Company, according to a syndicate official.

Proactive Solutions Incorporated $($PSI$)-$Offering of $9$ million common shares, $$0\mathrm{.}01$ par, was priced at $$13\mathrm{.}60$ a share via lead manager Stanley Brothers, Incorporated, according to a syndicate official.

Required:

Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Enter your answers in whole dollars and not in millions.