Hao Corporation had the following transactions during the current period. Mar. 2 Issued 28,000 common shares to its legal counsel in payment of a bill for $ 50,000 for services performed in helping the company incorporate. June 12 Issued 40,000 common shares for $ 360,000 cash. July 11 Issued 1,200, $ 3 noncumulative preferred shares at $ 125 per share cash. Nov. 28 Issued 2,400, $3 noncumulative preferred shares at $ 96 per share cash. C Journalize the transactions. (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 Ofor the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record issuance of shares.)