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 6 million common shares, $1 par per share, and 1 million preferred shares, $50 par per share Feb. 12 Sold 2 million common shares, for 58 per share. 13 Issued 44,000 common shares to attorneys in exchange for legal services. 13 Sold 71,000 of its common shares and 8,500 preferred shares for a total of $1.060,000 Nov. 15 Issued 445,000 of its common shares in exchange for equipment for which the cash price was known to be $4,088,000 Required: Prepare the appropriate journal entries to record each transaction (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.) View transaction list Journal entry worksheet 1 2 3 4 > Sold 2 million common shares, for $8 per share Journal entry worksheet eBook Print 1 2 3 4 Issued 44,000 common shares to attorneys in exchange for legal services. Note: Enter debits before credits Date General Journal Debit Credit February 13 Record entry Clear entsy View general journal Journal entry worksheet Issued 44,000 common shares to attorneys in exchange for legal services. Note: Enter debits before credits Date General Journal Debit Credit February 13 Record entry Clear entry View general journal entry worksheet