On March 8, Wildhorse inc, a publicly traded company, issued 4,300 preferred shares for cash of $31 per share. On April 20, when the shares were trading at $36, the company issued an additional 3,500 preferred shares in exchange for land with a fair value of $132,000. Your answer is correct. Prepare the journal entries for each transaction. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit occount titles are automoticaily indented when the amount is entered. Do not indent manually. If ho entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Prepare the journal entry if you were unable to determine the land's fair value on April 20. (List debit entry before credit entry. Credit account titles are outomatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the account titles arid enter 0 for the amounts.)