Mar. 2 Issued 5,500 shares of $5 par value common stock to attorneys in payment of a bill for $33,000 for services performed in helping the company to incorporate. June 12 Issued 65,500 shares of $5 par value common stock for cash of $409,375. July 11 Issued 1,200 shares of $100 par value preferred stock for cash at $110 per share. Nov. 28 Purchased 2,600 shares of treasury stock for $104,000. Journalize the transactions. (Record journal entries in the order presented in the problem. 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 Ofor the amounts.) Date Account Titles and Explanation Debit Credit Mar. 2 Organization Expense 33000 Common Stock 27500 Paid-in Capital in Excess of Par Value-Common Stock 5500 June 12 Cash 409375 Common Stock 325000 Paid-in Capital in Excess of Par Value-Common Stock 84375 July 11 Cash 132000 Preferred Stock 120000