Hormer Corporation is authorised to issue 1,000,000 shares of $1 par value common stock. During 2011 ts first year of operation, the company has the following stock transactions JanIssud 500,000 shares of stock at $12 per share. Jan 30Attorneys for the company accepted 500 shares of common stock as payment for legal services invoiced at $7,000. 2 ssd 100,000 shares of stock for land. The land had an asking price of $900,000. The Sept 5 Purchased 15,000 shares of common stock for the treasury at 56 per share. Dec Sold 11,000 shares of the treasury stock at 511 per share Instructions: Journalize the transactions for Horner Corporation stock is currently selling on the national exchange at 58 per share