Ivanhoe Corporation was organized on January 1, 2020. It is authorized to issue 9,100 shares of 8%, $100 par value preferred stock. and 525,800 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year. Jan. 10 Mar. 1 Apr. 1 May 1 Aug. 1 Sept. 1 Nov. 1 Issued 80,170 shares of common stock for cash at $6 per share. Issued 5,410 shares of preferred stock for cash at $112 per share. Issued 24,730 shares of common stock for land. The asking price of the land was $91,570; the fair value of the land was $80,170. Issued 80,170 shares of common stock for cash at $9 per share. Issued 9,100 shares of common stock to attorneys in payment of their bill of $50,100 for services rendered in helping the company organize. Issued 9,100 shares of common stock for cash at $11 per share. Issued 1,010 shares of preferred stock for cash at $106 per share. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Jan. 10 Mar. 1 V Apr. 1 May 1 Account Titles and Explanation Cash Common Stock Cash Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Cash Common Stock Paid-in Capital in Excess of Par-Common Stock Debit Credit 100000000 Aug. 1 Sept. 1 Nov. 1 eTextbook and Medis. 1