Grouper Corporation was organized on January 1, 2020. It is authorized to issue 9,900 shares of 8%, $100 par value preferred stock, and 533,900 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year.

Jan. 10		Issued 80,970 shares of common stock for cash at $6 per share.
Mar. 1		Issued 5,600 shares of preferred stock for cash at $111 per share.
Apr. 1		Issued 24,810 shares of common stock for land. The asking price of the land was $92,000; the fair value of the land was $80,970.
May 1		Issued 80,970 shares of common stock for cash at $8 per share.
Aug. 1		Issued 9,900 shares of common stock to attorneys in payment of their bill of $47,000 for services rendered in helping the company organize.
Sept. 1		Issued 9,900 shares of common stock for cash at $10 per share.
Nov. 1		Issued 1,010 shares of preferred stock for cash at $123 per share.

Prepare the journal entries to record the above transactions. (Credit account titles are automatically 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.)