Problem 11-5A Ayayai Corp. has been authorized to issue 21,200 shares of $100 par value, 896, noncumulative preferred stock and 1,125,000 shares of no-par common stock The corporation assigned a $5 stated value to the common stock. At December 31, 2017, the ledger contained the following balances pertaining to stockholders' equity Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Treasury Stock (5,200 common shares) Retained Earnings Accumulated Other Comprehensive Income $162,000 22,200 2,020,000 1,630,000 57,200 82,700 50,200 The preferred stock was issued for $184,200 cash. All common stock issued was for cash. In November 5,200 shares of common stock were purchased for the treasury at a per share cost of $11. No dividends were declared in 2017 Prepare the journal entries for the following. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (1) (2) (3) Issuance of preferred stock for cash Issuance of common stock for cash Purchase of common treasury stock for cash