July. 1. Issued 115,000 shares of common stock at par for cash.

July. 1

July. 1 Issued 650 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.

July. 1

Aug. 7. Issued 15,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $41,000, $224,000, and $50,000, respectively.

For a compound transaction, if an amount box does not require an entry, leave it blank.

Aug. 7

Sept. 20. Issued 30,000 shares of preferred stock at $80 for cash.

For a compound transaction, if an amount box does not require an entry, leave it blank.

Sept. 20