Aloue Corp, a publicly traded company had 2,500 preferred shares issued with a balance of $55.000 and 149,000 common thares Issued with a balance of $745,000 at the beginning of the year. The following share transactions occurred during the year June 12 July 11 Oct. 1 Issued 46,300 common shares for $6 per share. Issued 1,100 preferred shares for $25 per share, Issued 10,500 common shares in exchange for land. The common shares were trading for $7 per share on that date. The fair value of the land was estimated to be $78,000 Issued 23,600 preferred shares for $29 per share. Nov. 15 (a) Record the above transactions, (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 12 Record the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 12 July 11 C Oct. 1 Nov. 15 e Textbook and Media