per 3. DeLong Corporation was organized on January 1, 2019. It is authorized to issue 10,000 shares of 8%, $100 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 80,000 shares of common stock for cash at $4 share. Mar. 1 Issued 5,000 shares of preferred stock for cash at $105 per share. Mar. 7 Purchased 5,000 shares at $8 per share. June 1 Sold 1,000 shares at $12 per share. Dec. 1 Sold 1,000 shares at $7 per share. Journalize the transactions