During its first year of operations Eastern Data Links Corporation entered into the following transactions relating to shareholders equity. The articles of incorporation authorized the issue of 7 million common shares, $1 par per share, and 1 million preferred shares, $50 par per share. Feb 12 Sold 3 million common shares, for $9 per share. 13 Issued 46,000 common shares to attorneys in exchange for legal services. 13 Sold 86,000 of Us common shares and 4,000 preferred shares for a total of $990,000. Nov.15 Issued 375,000 of its common share in exchange for equipment for which the cash price was known to be $3, 808,000. Prepare the appropriate journal entries to record each transaction