5-Host Corporation is authorized to issue 800,000 shares of $7 par value common stock. During 2010, its first year of operation, the company has the following stock transactions. Jan 1 Paid the state $2,800 for incorporation fees. Jan 15 Issued 200,000 shares of stock at $10 per share. Jan 30 Attorneys for the company accepted 300 shares of common stock as payment for legal services rendered in helping the company incorporate. The legal services are estimated to have a value og $4,000. July 2 Issue 80,000 shares of stock for land. The land had an asking price of $625,000. The stock is currently selling on a national exchange at $9 per share. Sept 5 Purchased 10,000 shares of common stock for the treasury at $12 per share. Dec 6 Sold 7,000 shares of the treasury stock at $15 per share. Instructions: Journalize the transactions for Horner Corporation