Joumalize stock transactions, post and prepare pald-in capital section (LO 2, 3y DeLong Corporation was organized on January 1, 2020. It is authorized to issue 10,000 shares of 8%, $100 per value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year Jan. 10 Issued 80,000 shares of common stock for cash at $4 per share Mar. 1 Issued 5,000 shares of preferred stock for cash at 5105 per share Apr. 1 Issued 24,000 shares of common stock for land. The asking price of the land was $90,000. The fair value of the land was $85,000 May 1 Issued 10,000 shares of common stock for cash at $450 per share. Augissed 10,000 shares of common stock to attorneys In payment of the bill of 530,000 for services performed in helping the company organize Sept. 1 Issued 10,000 shares of common stock for cash at 55 per share Nov 1 issued 1,000 shares of preferred stock for cash at $100 per share. Instructions (0) Joumalize the transactions in an excel file and upload to Moodle