Pina Corporation was organized on January 1, 2020. It is authorized to issue 10,600 shares of 8%, $100 par value preferred stock, and 500,200 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year.

Jan. 10		Issued 80,640 shares of common stock for cash at $6 per share.
Mar. 1		Issued 5,850 shares of preferred stock for cash at $111 per share.
Apr. 1		Issued 24,940 shares of common stock for land. The asking price of the land was $90,270; the fair value of the land was $80,640.
May 1		Issued 80,640 shares of common stock for cash at $9 per share.
Aug. 1		Issued 10,600 shares of common stock to attorneys in payment of their bill of $50,500 for services rendered in helping the company organize.
Sept. 1		Issued 10,600 shares of common stock for cash at $11 per share.
Nov. 1		Issued 1,050 shares of preferred stock for cash at $106 per share.

Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)