CALCULATOR BACK NENT Question a Concord Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 100 par value preferred stock, and 530,000 shares of ne-per common stock with a wated value of $2 per share. The following stock transactions were completed during the first year Jan. 10 Issued 75,000 shares of common stock for cash at $4 per share. Mar. 1 Issued 5,050 shares of preferred stock for cash at $110 per share Apr. 1 Issued 24,000 shares of common stock for land. The asking price of the land was $82,000. The fair value of the land was $7,500 May Issued 83,500 shares of common stock for cash at $4,50 per share. Aug 1 lowed 10,000 shares of common stock to attorneys in payment of their bill of $38,000 for services performed in helping the company organice. Sept. 1 Issued 11,000 shares of common stock for cash at $7 per share. Nov. 1 Issued 2,000 shares of preferred stock for cash at $109 per share (a) Journalist the transactions. (Record journal entries in the order presented in the problem. Credit account bitles are automatically indented when amount senteret. Do not indent manual)