Kingbird, Inc. had the following transactions during the current period. Mar. 2 Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,600 for services performed in helping the company to incorporate. June 12 Issued 61,900 shares of $5 par value common stock for cash of $379,000. July 11 Issued 2,075 shares of $100 par value preferred stock for cash at $120 per share. Nov. 28 Purchased 1,600 shares of treasury stock for $82,500