as organized on January 1, 2017. It is authorized to issue 10,800 shares of 8%, $100 par value preferred stock, and 539,000 shares of no-par common stock with a stated value of $1 per share. The folliowing stock transactions were Jan. 10 Issued 80,700 shares of common stock for cash at $6 per share. Mar. 1 Issued 5,500 shares of preferred stock for cash at $108 per share. Apr. 1 Issue May 1 Issued 80,700 shares of common stock for cash at $9 per share. completed during the first year. d 24,510 shares of common stock for land. The asking price of the land was $91,450; the fair value of the land was $80,700. to, 0 hares of common stock to attomeys in payment of their bi f $50, 00 or services endered in heipingthe company organze Sept. 1 Nov. 1 Issued 10,800 shares of common stock for cash at $11 per share. Issued 900 shares of preferred stock for cash at $117 per share. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when amount is entered. If no entry is reguired, select "No Entry" for the account titles and enter o for the amounts.) Do not indent manually. Date Account Titles and Explanation Debit Credit