Orange Office Supply Corporation Completed the Following Stock Issuance Transactions

Orange Office Supply Corporation completed the following stock issuance transactions:
$\begin{array}{|l|l|}\hline\text { Mar. } 28 & \text { Issued 5,000 shares of } \$ 4 \text { stated value common stock for cash of } \\&\$ 20 \text { per share }\\\hline & \text { Received merchandise inventory with a market value of } \$ 46,000 \\ & \text { in exchange for 2,000 shares of the } \$ 4 \text { stated value common } \\\text { May 1 }&\text { Stock. }\\\hline& \text { Issued } 450 \text { shares of } 5 \%, \$ 20 \text { par value preferred stock for } \$ 50 \\\text { May } 14 &\text { per share }\\\hline\end{array}$ Prepare the journal entries to record these transactions.Explanations are not required.