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3. The following selected transactions pertain to Salamon Corporation: Jan. 3 Issued 100,000 shares, $10 par value, common stock for $25 per share. Feb. 10

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3. The following selected transactions pertain to Salamon Corporation: Jan. 3 Issued 100,000 shares, $10 par value, common stock for $25 per share. Feb. 10 Issued 6,000 shares, $10 par value, common stock in exchange for special purpose equipment. Salamon Corporation's common stock has been actively traded on the stock exchange at $30 per share. Mar. 15 Issued 5,000 shares of $90 par value preferred stock for $120 per share. Instructions Journalize the transactions

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