On January 5, 2021, Shamrock Company received a charter granting the right to issue 500,000 shares of $10 par value common stock and 100,000 shares of $100 par value, 8% preferred stock. It then completed the following transactions.

2/15	Issued 50,000 shares of common stock and 10,000 shares of preferred stock for a lump sum of $11,000,000. After the issuance, the common stock is traded at $180 per share and the preferred stock at $225 per share.
6/21	Purchased back 5,000 shares of common stock at $185 per share. (Use the cost method).
8/12	Reissued 2,000 treasury shares at $200 per share.
10/3	2-for-1 stock split for common stock.
12/30	Declared preferred dividend and a 5% stock dividend on outstanding common stock when the stock was selling for $105/share. Stock dividends will be distributed next year.
12/31	Net income in 2021 was $1,550,000 (close Income Summary to Retained Earnings).

Required: (1) Prepare journal entries to record the transactions listed above. (6 points)

Date	Account title	Dr.	Cr.