On January 22, Ireland Corporation issued for cash 19,000 shares of no-par common stock at $25. On February 14, Ireland issued at par 6,000 shares of 4%, $80 par preferred stock for cash. On August 30, Ireland Corporation issued for cash 25,000 shares of preferred 4% stock, $80 par at $91. Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: