500.000 shares of $10 Professional Products ine, a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 30,000 shares of preferred 25 ock, 5100 common stock. The following selected transactions were completed during the first year of operations: Feb 5 5 issued 212,000 shares of common stock at par for cash issued 300 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation sed 66,400 shares of common stock in exchange for land, buildings, and equipment with all market prices of $148,100,6521,10 and 5160,700 respectively od 15.000 shares of preferred stock at $108 for cash Apr June 14 Joumare the reactions Refer to the Chart Accounts for exact wording of accounts Journalize the transactions. Refer to the Chart of Accounts for exact wording of accounts PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF ASSETS LIABILITIES EQUITY