Oriole Corporation is authorized to issue 46,000 shares of $5 par value common stock. During 2020, Oriole took part in the following selected transactions 1. Issued 5,000 shares of stock at $49 per share, less costs related to the issuance of the stock totaling $5.400 2. 3. Issued 1,200 shares of stock for land appraised at $46,000. The stock was actively traded on a national stock exchange at approximately $50 per share on the date of issuance. Purchased 480 shares of treasury stock at $44 per share. The treasury shares purchased were issued in 2016 at $41 per share. (a) Prepare the journal entry to record item 1. 20 (b) Prepare the journal entry to record item 2. (c) Prepare the journal entry to record item 3 using the cost method. 4