Exercise 9-3 Crane Corporation had the following transactions. 1. Sold land (cost $11,800) for $14,700 2. Issued common shares for $19,600. 3. Recorded depreciation on buildings for $16,700. 4. Paid salaries of $8,800 5. Issued 1,000 common shares in exchange for equipment with market value of $7,800. 6. Sold equipment (cost $9,800, accumulated depreciation $6,900) for $1,200 For each of the above transaction, prepare the journal entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.)