Pina Colada Corporation 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 Mar. 1 Apr. May 1 1 Aug 1 Sept. 1 Nov. 1 Issued 79,000 shares of common stock for cash at $4 per share. Issued 5,850 shares of preferred stock for cash at $105 per share. Issued 23,000 shares of common stock for land. The asking price of the land was $87.500. The fair value of the land was $88,000. Issued 81,000 shares of common stock for cash at $4.50 per share. Issued 12,000 shares of common stock to attorneys in payment of their bill of $36,000 for services performed in helping the company organize. Issued 12,000 shares of common stock for cash at $5 per share. Issued 2.000 shares of preferred stock for cash at $108 per share. Journale the transactions at of debt entries before credit tries Record jund entries in the order presented in the problem Cred account ties are outomatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation eTextbook and Media List of Accounts Save for Later Debit Credit