Channey Corporation was organized on July 1. The company's charter authorizes 100,000 shares of \(\$ 2\) par value common stock. On August 1 , the attorney who helped organize the corporation accepted 950 shares of Channey common stock in settlement for the services provided (the services were valued at \(\$ 9,800\) ). On August 15, Channey issued 6,000 common shares for \(\$ 75,000\) cash. On October 15, Channey issued 3,000 common shares to acquire a vacant land site appraised at \(\$ 50,000\). Prepare the journal entries to record the stock issuances on August 1 , August 15 , and October 15.