Mack Corporation Has Been Issued a Charter by the State $\text {June 1}$

Mack Corporation has been issued a charter by the state of New Hampshire.This charter gives Mack the authority to issue 20,000 shares of $25 par value preferred stock and 100,000 shares of $10 par value common stock.Journalize the entries listed below.
$\text {June 1}$ $\quad$$\text { Issued 4,047 shares of preferred stock at \(\$ 28\) per share. }$
$\quad$ $\quad$ $\quad$$\text {4 Issued 5,4tt shares of comnon stock at \(\$ 16\) per share.}$
$\quad$ $\quad$ $\quad$$\text { 13 Issued 6, ttt shares of comnon stock at \(\$ 18\) per share.}$
$\quad$ $\quad$ $\quad$$\text { 21 Issued 1,04t shares of preferred stock at \(\$ 37\) per share.}$