Carla Vista Corporation had the following transactions. 1. Sold land (cost $12,600) for $15,600. 2. Issued common stock at par for $20,000. 3. Recorded depreciation on buildings for $17,600. 4. Paid salaries of $9,600. 5. Issued 700 shares of $1 par value common stock for equipment worth $5,600. 6. Sold equipment (cost $11,800, accumulated depreciation $8,260) for $1,416. (a) For each transaction above, prepare the journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Transaction Account Titles and Explanation Debit Credit 1.