Exercise 11-2 Sandhill Co. had these transactions during the current period. June 12 Issued 81,000 shares of $1 par value common stock for cash of $303,750. July 11 Issued 3,550 shares of $104 par value preferred stock for cash at $109 per share. Nov. 28 Purchased 2,600 shares of treasury stock for $7,950. Prepare the journal entries for the Sandhill Co. transactions shown above. (Record journal entries in the order presented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles Date Account Titles and Explanation Debit Credit