Nash Corporation is authorized to issue 54,000 shares of $5 par value common stock. During 2017, Nash took part in the following selected transactions. 1. Issued 5,100 shares of stock at $49 per share, less costs related to the issuance of the stock totaling $8,200. 2. Issued 1,000 shares of stock for land appraised at $54,000. The stock was actively traded on a national stock exchange at approximately $50 per share on the date of issuance. 3. Purchased 540 shares of treasury stock at $40 per share. The treasury shares purchased were issued in 2013 at $37 per share.

(a)		Prepare the journal entry to record item 1.
(b)		Prepare the journal entry to record item 2.
(c)		Prepare the journal entry to record item 3 using the cost method.