Bear, Inc's stock is listed under the ticker symbol GRR$.$ It is a midsize company that manufactures compound bows for hunting. During the month of its IPO it had the following transactions related to its stock:May $10$: Issued $9,000$ shares of common stock with a stated value of $$0\mathrm{.}20$ for $$12\mathrm{.}70$ per share.May $11$: Issued $18,000$ shares of no$-$par, Class B common stock for $$152$ per share.May $17$: Issued $1,900$ shares of callable no par preferred stock for equipment that stamps fuel cell casings. The stamping machine had a fair market value of $$450,000.$May $31$: Bear, Inc. quickly bought back $600$ shares of the preferred stock from the May $17$ sale for $$236$ per share.Required:Prepare journal entries for the above four transactions..