4- "9 Points" Walk Corporation was organized on January 1, 2020. It is authorized to issue 60,000 shares of 7%, $40 par value preferred stock, and 600,000 shares of 4 $ par value common stock. The following stock transactions were completed during the first year. Jan. 01 Issued 3,000 shares of preferred stocks in cash for $65 per share. Jan. 19 Issued 60,000 shares of common stocks in cash for $200,000. Feb. 14 Issued 400 shares of preferred stocks to attorney in payment for a bill of $24,500 for services. Mar. 11 Issued 15,000 shares of common stock for land. The asking price of the land was $90,000. The fair value of the stock was 5$ per share. June. 6 Purchased 3,000 common shares at $5. Oct. 22 Sold 1,000 common shares at $7 per share. Instructions Journalize the above transactions