Junot Corp., a publicly traded company, had 2,500 preferred shares issued with a balance of $55,000 and 151,000 common shares issued with a balance of $755,000 at the beginning of the year. The following share transactions occurred during the year:

June 12		Issued 52,600 common shares for $6 per share.
July 11		Issued 1,100 preferred shares for $26 per share.
Oct. 1		Issued 11,000 common shares in exchange for land. The common shares were trading for $7 per share on that date. The fair value of the land was estimated to be $81,800.
Nov. 15		Issued 22,600 preferred shares for $28 per share.

Record the above transactions.