On April $1,10,000$ shares of $$5$ par common stock were issued at $$22,$ and on April $7,5,000$ shares of $$50$ par preferred stock were issued at $$104.$ What are the entries for April $1$ and $7?$

a$.$ Apr. $1$ Cash

Dividends

Apr. $7$ Cash

Dividends

$250,000$

Preferred Stock

Paid$-$In Capital in Excess of Par$-$Preferred Stock

b$.$ Apr. $1$ Cash

Common Stock

Apr. $7$ Cash

Preferred Stock

c$.$ Apr. $1$ Cash

Common Stock

Paid$-$In Capital in Excess of Par$-$Common Stock

Apr. $7$ Cash

Preferred Stock

Paid$-$In Capital in Excess of Par$-$Preferred Stock

d$.$ Apr. $1$ Cash

Common Stock

Paid$-$In Capital in Excess of Par$-$Common Stock

Apr. $7$ Cash

Preferred Stock

$520,000$

Paid$-$In Capital in Excess of Par$-$Preferred Stock

$270,000$

Paid$-$In Capital in Excess of Par$-$Preferred Stock