Exercise 13-3 Cushenberry Corporation had the following transactions. 1. Sold land (cost $8,000) for $10,000. 2. Issued common stock at par for $20,800. 3. Recorded depreciation on buildings for $12,200. 4. Paid salaries of $7,300. 5. Issued 1,400 shares of $1 par value common stock for equipment worth $9,100. 6. Sold equipment (cost $11,800, accumulated depreciation $8,260) for $1,416 For each transaction above, prepare the journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 2. 5