3. As the auditor of the Bunge and Dodd CPA firm, you encounter the following situations when auditing different clients. A) Desi Corporation is a public limited company whose shares are not publicly traded. On December 5, the corporation acquired land by issuing 5,000 shares of its common stock of $ 20 par value. The owners' sale price was $ 120,000 and the fair market value of the land was $ 115,000 B) Lucille Corporation is a corporation whose common shares are traded on the stock markets. On June 1, he acquired land by issuing 20,000 shares of his $ 10 par value shares. At the time of the exchange, the land was advertised for sale at $ 250,000. The stock was selling for $ 12 a share. Instructions: Prepare the journal entries for each of the situations above