Ergonemics Supply Inc, a wholesaler of office products, was organized on July 1 of the current year, with an authorization of 75,000 shares of 4% preforred stock, s75 par and \$50,000 shares of \$25 par comman steck. The following selected transactions were completed during the first year of operations: Journalize the transactions. July 1. Issued s0,000 shares of common stock at par for cash. Y an amount box does not require an entry, leave it blank: July : July 1 tssued 450 shares of common stock at par to an attorney in payment of leqal fees for onganizing the corporation. If an amount box does nos require an entry. leavet blank. Aug. 7: Issued 24,000 shares of common stock in exchange for land, buildings, and equipment with fair morket prices of $112,000,$613,000, and $139,000. respectively, If an amount box does not require an entry, leave it blank. A Sept. 20. Issued 28,000 shares of preferred stock at $86 for cash. If an amount box does not require an entry, leave it blank. Sept. 20