On may 23, stoltz realty inc. issued for cash 80,000 shares of no-par common stock (with a stated value of $3) at $12. on july 6, stoltz realty inc. issued at par value 18,000 shares of preferred 1% stock, $50 par for cash. on september 15, stoltz realty inc. issued for cash an additional 50,000 shares of no-par common stock (with a stated value of $3) for $15. journalize the entries to record the may 23, july 6, and september 15 transactions. refer to the chart of accounts for exact wording of account titles.