2. The following transactions occurred for Fabulous Athletic Wear Corporation during its first 2 months of operations: s January 10 Issued common shares to various individuals for cash. Number of common shares issued: Price per common share issued: January 25 Exchanged common shares for manufacturing equipment. Number of common shares exchanged: Market value of each common share: Fair market value of manufacturing equipment: February 17 Exchanged common shares for legal fees incurred during organization. Number of common shares exchanged: Market value of each common share: Fair market value of legal fees: Required: Prepare journal entries for each of the above transactions. 94,922 $ 10 3,980 $ 14 $ 45,397 472 $ 15 $ 5,875