On january $1,$ Ace inc, issued $6,000$ shares of common stock $($ $$1$ par$)$ and $2,000$ shares of preferred stock $($ $$5$ par$)$ at a price of $$160,000.$ Ac the time of issuance, the market price of the common stock is $$20$ per share, and the market price of the preferred stock is $$40$ per share. Record the journal encry for the issuance of the stock.

$\backslash$table$[[$Date$,$Account Name,Debit,Crealt$],[,,,],[\%,4,,],[2,4,,],[,,,],[,,,],[,$Torecordissuance of multiple secuetief$-$proportionalilscation.,,$]]$