Concord Corporation's charter authorized issuance of 474,000 shares of $1 par value common stock and 241,000 shares of $100 preferred stock. The following transactions involving the issuance of shares of stock were completed. Each transaction is independent of the others. 1. Issued a $110,000,8% bond payable at par and gave as a bonus ten shares of preferred stock, which at that time was selling for $101 a share. 2. Issued 7,800 shares of common stock for land. The land had been appraised at $87,600; the seller's book value was $55,400. The most recent market price of the common stock is $12 a share. The stock is regularly traded. 3. Issued 4,600 shares of common stock and 50 shares of preferred stock for a lump sum amounting to $69,900. The common stock had been selling at $13 and the preferred stock at $111. 4. Issued 900 shares of common stock and 50 shares of preferred stock for equipment. The common stock had a fair value of $19 per share; the equipment has a fair value of $22,300. Record the transactions listed above in journal entry form. (Round Round intermediate calculations to 6 decimal places, e.g. 0.546872 and final answers to 0 decimal places, e.g. $38,487. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)