Concord Corporation began operations on April $1$ by issuing $52,000$ shares of $$5$ par value common stock for cash at $$13$ per share.

On April $19,$ it issued $1,700$ shares of common stock to attorneys in settlement of their bill of $$25,400$ for organization costs. In

addition, Concord issued $1,450$ shares of $$1$ par value preferred stock for $$6$ cash per share.

Journalize the issuance of the common and preferred shares, assuming the shares are not publicly traded. $($List all debit entries before

credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is

entered. Do not indent manually.$)$

$($To record issuance of common stock for attorney's

fees$)$

$($To record issuance of common stock for attorney's

fees$)$

$($To record issuance of Preferred stock for cash$)$