5. Vaden Corporation is authorized to issue 50,000 shares of $3 par value common stock. During 2021, Vaden engaged in the following transactions: 3/1/21 Issued 2,000 shares of stock to attorneys in payment of a bill for $50,000 for services rendered in helping the company to incorporate. 5/1/21 Issued 8,000 shares of stock at $23 per share. 7/1/21 Issued 7,000 shares of stock for land. The asking price of the land was $190,000. The fair market value of the land was $175,000. Required: Prepare the journal entries to record these transactions