Hallmont Lid. (HL) has unlimited no par common shares authorized. The following transactions took place in the first year: a. To record authorization of shares by board of directors (memorandum). b. Issued 170,000 shares at $50; collected cash in full and issued the shares. Share issue costs amounted to $31,000. Treat this amount as a reduction of the common share account. c. Received subscriptions for 85,000 shares at $60 per share collected 80% of the subscription price. The shares will not be issued until collection of cash in full. d. Issued 200 shares to a lawyer in payment for legal fees related to trademark registration. The lawyer estimates that the legal services provided would have been worth $12,000. e Issued 34,000 shares and assumed an $204,000 mortgage in total payment for a building with a fair value of $408.000 Collected balance on subscriptions receivable in (c). Required: bumalize the above transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Record the authorization of shares