Orange Office Supply Corporation completed the following stock issuance transactions:

Mar. 28	Issued 5,000 shares of $4 stated value common stock for cash of $20 per share
May 1	Received merchandise inventory with a market value of $46,000 in exchange for 2,000 shares of the $4 stated value common stock.
May 14	Issued 450 shares of 5%, $20 par value preferred stock for $50 per share

Prepare the journal entries to record these transactions.  Explanations are not required.