Exercise 11-2 Sunland Company had these transactions during the current period. June 12 Issued 83,500 shares of $1 par value common stock for cash of $313,125 July 11 Issued 3,450 shares of $101 par value preferred stock for cash at $105 per share Nov. 28 Purchased 2,950 shares of treasury stock for $8,450 Prepare the our al entries or the Sunland Company transactions shown above. (Record jour a, entries in the order presented n the problem Credit accoun titles are a ton a ca indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit