Book Show Me How Issuing Stock Ergonomics Supply Inc, a wholesaler of office products, was organized on July 1 of the current year, with an authorization of 80,000 shares of preferred 2% stock, $70 pat, and 900,000 shares of $11 per common stock. The following selected transactions were completed during the first year of operations: Journalize the transactions July 1. Issued 260,000 shares of common stock at par for cash. If an amount box does not require an entry, leave it blank July 88 88 July 1. Issund 2,000 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. If an amount box does not require an entry, leavin July 1. Aug. 7. Issued 00,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $320,000, $550,000, and $90,000, respectively. If an amount box does require a try, leave it bla Aug. 7. Sept. 20. und 30,000 shares of preferred stock at $74 for cash. If an amount box does not require an entry, leave it biark Sept 20. 88 Check My Work Premiu