a corporation receives its charter and began business this year, the company is authoried to issue 50,000 share of $100 par, I saw there is same question on this site,but I think they did the wrong , anyone help me to answer this .

15. (8 points) A corporation received its charter and began business this year. The company is authorized to issue 50,000 shares of$100 par, 10%, noncumulative, nonparticipating preferred stock, and 500,000 shares of no-par common stock. The following selected transactions occurred during this year: Apr. Issued 250 shares of preferred stock for $104 cash per shar Exchanged 750 shares of common stock for $15,000 in legal services incurred in the organization of the company June 15 Prepare journal entries to record these transactions. 26000 Conmun stock 2b,0W June he lye