Lindsey Hunter Corporation is authorized to issue 51,600 shares of $3 par value common stock. During 2014, Lindsey Hunter took part in the following selected transactions. Issued 5,450 shares of stock at $51 per share, less costs related to the issuance of the stock totaling $7,720. Issued 1,300 shares of stock for land appraised at $51,600. The stock was actively traded on a national stock exchange at approximately $52 per share on the date of issuance. Purchased 590 shares of treasury stock at $42 per share. The treasury shares purchased were issued in 2010 at $38 per share. Prepare the journal entry to record item 1. Prepare the journal entry to record item 2. Prepare the journal entry to record item 3 using the cost method. (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 0 for the amounts.)