heapBooks Incorporated $($CI$)$ had the following business activities:

$1.$ Stockholders invest $$66,000$ cash in the corporation.

$2.$ CI purchased $$880$ of office supplies on credit.

$3.$

CI purchased office equipment for $$16,000,$ paying $$4,500$ in cash and signing a $30-$day note payable for the remainder.

$4.$ CI paid $$440$ cash on account for office supplies purchased in transaction $2.$

$5.$ CI purchased two acres of land for $$25,000,$ signing a $2-$year note payable.

$6.$

CI sold one acre of land at one$-$half of the total cost of the two acres, receiving the full amount or $$12,500$ in cash.

$7.$ CI made a payment of $$12,500$ on its $2-$year note.

Prepare journal entries for the above transaction