Fil Hamilton Corporation was authorized to issue 20,000 shares of $100 par value, 5% preferred stock and 50,000 share of $1 par common stock. Record the following transactions: Issued 5,000 shares of common stock for $40 per share Issued 500 shares of common stock at $19 per share for services rendered in connection with the organization of the company Issued 5,000 shares of common stock for a building on which the asking price was $325,000. Market value of the stock was $50. Management wishes to record the land at the market price of the stock. Issued 1,000 shares of Preferred stock at $125 per share Issued 6,000 shares of common stock for $40 per share Issued 8,000 shares of preferred stock for $130 per share Tin DE Av 3 U S X, X B : 22 1144 19 59 FB 7 DDD ggg F4 F6 F5 F3 F2 esc F1 & % $ # @ 8 7 6 5 4 3 1 2