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McVie Corporation's stock has a par value of $2. The company has the following transactions during the year: Feb. 28 Issued 330,000 shares at $4

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McVie Corporation's stock has a par value of $2. The company has the following transactions during the year: Feb. 28 Issued 330,000 shares at $4 per share. Jun. 7 Issued 85,000 shares in exchange for equipment with a clearly determined value of $187,000. Sep. 19 Purchased 2,400 shares of treasury stock at $7 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Feb. 28 Jun. 7 Sep. 19

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