Garner Corporation is authorized to issue 1,000,000 shares of $5 par value common stock. During 2018, its first year of operation, the company has the following stock transactions. Jan. 1 Jan. 15 Jan. 30 Paid the state $2,000 for incorporation fees. Issued 500,000 shares of stock at $7 per share. Attorneys for the company accepted 500 shares of common stock as payment for legal services rendered in helping the company incorporate. The legal services are estimated to have a value of $8,000. July 2 Issued 100,000 shares of stock for land. The land had an asking price of $900,000. The stock is currently selling on a national exchange at $8 per share. Sept. 5 Purchased 15,000 shares of common stock for the treasury at $10 per share. Dec. 6 Sold 11,000 shares of the treasury stock at $11 per share. Instructions Journalize the transactions for Garner Corporation.