2. Bridgeport Corporation is a publicly held corporation whose common stock is traded on the securities markets. On June 1 , it acquired land by issuing 22,400 shares of its $10 par value stock. At the time of the exchange, the land was advertised for sale at $280,000. The stock was selling at $11 per share. Prepare the journal entries for each of the situations above. (List all debit entries before credit entries. Record Joumol entries in the order presented in the problem. Credit occount tities are automatically indented when amount is entered. Do not indent manually.)