Windsor, Inc. issues 31000 shares of $100 par value preferred stock for cash at $115 per share. The entry to record the transaction will consist of a debit to Cash for $3565000 and a credit or credits to

Preferred Stock for $3100000 and Paid-in Capital in Excess of Par ValuePreferred Stock for $465000.

Paid-in Capital from Preferred Stock for $3565000.

Preferred Stock for $3565000.

Preferred Stock for $3100000 and Retained Earnings for $348750.