On July 1, 2021, Vaughn Manufacturing issued for $9450000 a total of 90000 shares of $100 par value, 8% noncumulative preferred stock along with one detachable warrant for each share issued. Each warrant contains a right to purchase one share of Vaughn $10 par value common stock for $15 per share. The stock without the warrants would normally sell for $9216000. The market price of the rights on July 1, 2021, was $2.40 per right. On October 31, 2021, when the market price of the common stock was $18 per share and the market value of the rights was $3.00 per right, 36000 rights were exercised. As a result of the exercise of the 36000 rights and the issuance of the related common stock, what journal entry would Vaughn make