Homework: Chapter 14 Calculator Print Item McVie Corporation's stock has a par value of 52. The company has the following transactions during the year: Feb. 28 Issued 300,000 shares at $4 share. Jun. 7 Issued 95,000 shares in exchange for equipment with a clearly determined value of $206,000. Sep. 19 Purchased 2,400 shares treasury stock at $6 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Feb. 28 Cash Common Stock Additional Pald-In Capital from Common Stock Jun. 7 Equipment III III II II III III Common Stock Additional Paid-in Capital from Common Stock Sep. 19 Treasury Stock Cash Feedback