5. Miles Co. had these transactions during the current period. June 12 Issued 60,000 shares of $3 par value common stock for cash of $250,000. July 11 Issued 2,000 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $10,000. Nov. 30 The Board of Directors declared $0.25 cash dividend per share on the common shares Dec 15 Paid the dividends to the common shareholders Prepare the journal entries for each dated transaction above