Honeytone Corporation had the following transactions:
1. Purchased a new building, paying $15,000 cash and issuing a note for $80,000.
2. Purchased $12,000 of inventory on account.
3. Sold inventory costing $11,000 for $14,000 on account.
4. Paid for inventory purchased on account in (2) above.
5. Issued capital stock for $40,000.
6. Collected $9,500 of accounts receivable.
7. Paid utility bills totaling $510.
8. Sold old building for $62,000, receiving $18,000 cash and a $44,000 note (no gain or loss on the sale).
9. Paid $3,000 cash dividends to stockholders.
Record the above transactions in general journal format. (Omit explanations.)