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Exercise 11-2 Fagan Co. had these transactions during the current period. June 12 Issued 84,800 shares of $1 par value common stock for cash of $318,000. July 11 Issued 3,050 shares of $103 par value preferred stock for cash at $109 per share. Nov. 28 Purchased 3,490 shares of treasury stock for $9,580. Prepare the journal entries for the Fagan Co. transactions shown above. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit