5. During its first year of operations, Cole's Electronics Inc.completed the following transactions relating to shareholders' equity anuary S ssued 1,000,000 shares of common stock for $25 per share Issued 1,000,000 shares of common stock for $25 per share. February 12: Issued 20,000 shares of common stock to its attorneys for cost associated with starting the company. The attormey fees were $500,000 Issued 50,000 shares of common stock in exchange for equipment with a known cash price of $400,000. March 3 The articles of incorporation authorize 5,000,000 shares of common stock with a par of S1 per share and 1,000,000 preferred shares with a par of $100 per share. Required: Record the above transactions in general journal form