A corporation was organized on January I of the current year, with an authorization of 20,000 shares of S4 preferred stock, $12 par, and 100,000 shares of $ selected transactions were completed during the first year of operations: Jan. 3 Issued 15,000 shares of common stock at $23 per share for cash. 3 par common stock. The following Issued 200 shares of common stock at par to an attormey in payment of legal fees for organizing the corporation. The value of the stock was at the time of payment was $25 per share. Feb. 24 Issued 20,000 shares of common stock in exchange for land, buildings and equipment with fair market prices of $65,000 $120,000, and $45,000 respectively. Issued 2,000 shares of preferred stock at $56 for cash. Mar. 15 Required: Journalize the entries required on each date