Nevada Corporation was created on January 2, 2019. The articles of incorporation from the Government of Canada authorize Nevada portion time aber of common shares and 500,000 shares of $0.so preferred share. The company and the following transactions 2019 Jan. 2 Issued (sold) 5,000 common shares to the corporation's legal firm for incorporating the business. The total legal fee was $5.000 3 Issued Gold) 200,000 common shares for each its per share 4 led (old) 10,000 preferred shares for cash at $10 per share 4 lisud 200,000 .common shares for $210,000 for a building with a market value of $200,000 Instructions (Show all calculations): 1 Journaline the above transactions 1 December 31, close Income Summary to Retained in ming that Nevada had $63.000 of net income for the year