On June 1, Ayayai Inc. issues 2,500 shares of no-par common stock at a cash price of $5 per share. Journalize the issuance of the shares assuming the stock has a stated value of $1 per share. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Sarasota Inc.'s $10 par value common stock is actively traded at a market price of $15 per share. Sarasota issues 6,100 shares to purchase land advertised for sale at $78,000. Journalize the issuance of the stock in acquiring the land. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)