E11.4 (LO 2), AP Sagan Co. had these transactions during the current period. June 12 July 11 Nov. 28 Issued 80,000 shares of $1 par value common stock for cash of $300,000. Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Purchased 2,000 shares of treasury stock for $9,000. Instructions Prepare the journal entries for the Sagan Co. transactions