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 8 million common shares, $1 par per share, and 2 million preferred shares; $50 par per share. February 12 Sold 3 mil1ion connon ahares, for $10 per share. Yebruary 13 Issued 36,000 conmon shares to attorneys in exchange for legal norvices. February 13 sold 77,000 of the comnon shares and 4,500 preferred shares for a total of $1,020,000. Novenber 15 Issued 405,000 of its connon shares in exchange for equipsent for which the oach price was known to be Required: Prepare the appropriate journal entries to record each transaction. Note: If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in millions. Journal entry worksheet Sold 3 million common shares, for $10 per share