Pina Colada Corp. was organized on January 1,2022. It is authorized to issue 12,000 shares of 8%,$100 par value preferred stock, and 512,000 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 79,000 shares of common stock for cash at \$4 per share. Mar. 1 Issued 5,850 shares of preferred stock for cash at $105 per share. Apr. 1 Issued 23,000 shares of common stock for fand. The asking price of the land was $87,500. The fair value of the land was $88.000. May 1 Issued 81,000 , hares of common stock for cash at \$4 50 per share. Aug. 1 Issued 12,000 shares of common stock to attorneys in psyment of their bill of $36,000 for services performed in helping the company organize. Sept. 1- Issted 12000 shares of common stock for cashat $5 per share. Now. 1 Issued 2,000 shares of preferred stock for cash at $108 per share. Journalize the transactions. (Record journal entries in the order presented in the problem Credit occount tieles are automatically indented when amount is entered. Do not indent manualhy. If no entry is required, select "No Entry" for the account titles and enter of for the amounts:)