Concord Corporation was organized on January 1, 2022. It is authorized to issue 14,000 shares of 8%, $ 100 par value preferred stock, and 511,000 shares of no-par common stock with a stated value of $ 3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 82,000 shares of common stock for cash at $6 per share. Mar. 1 Issued 4,850 shares of preferred stock for cash at $ 105 per share. Apr. 1 Issued 25,000 shares of common stock for land. The asking price of the land was $ 93,000. The fair value of the land was $ 82,000. May 1 Issued 76,500 shares of common stock for cash at $4.50 per share. Aug. 1 Issued 11,000 shares of common stock to attorneys in payment of their bill of $ 41,500 for services performed in helping the company organize. Sept. 1 Issued 12,000 shares of common stock for cash at $ 7 per share. Nov. 1 Issued 2,500 shares of preferred stock for cash at $ 112 per share. in. 10 Cash 492000 Common Stock 164000 Paid-in Capital in Excess of Par-Common Stock 328000 lar. 1 Cash 509250 Preferred Stock 485000 Paid-in Capital in Excess of Par-Preferred Stock 24250 pr. 1 Land 82000 Common Stock 50000 Paid-in Capital in Excess of Par-Common Stock 32000 lay 1 Cash 344250 Common Stock 153000 Paid-in Capital in Excess of Par-Common Stock 191250 ug. 1 Organization Expense 41500 Common Stock 22000 Paid-in Capital in Excess of Par-Common Stock 19500 2pt. 1 Cash 84000 Common Stock 24000 Paid-in Capital in Excess of Par-Common Stock 60000 ov. 1 Cash 280000 Preferred Stock 250000 Paid-in Capital in Excess of Par-Preferred Stock 30000 e Textbook and Media (b). Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part.) Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock >