Please record the following business transactions of Baiyun Co. for the current year. Jan 1st Issued 100,000 shares of 2 yuan par value common stock to Miss Chames for market price of 3 yuan per share. Feb 2nd Issued 200,000 shares of 2 yuan par value common stock to Edgar in exchange for a land. The fair market value of the land and of the issued shares is 600,000 yuan. Mar 3rd the board of directors declared a cash dividend of 0.2 yuan per share, paying on May 5th to owners of the corporation's 300,000 outstanding shares of common stock. May 5th Paid the dividend declared on Mar 3rd. Dec 31 Closed the income summary account at the end of a profitable period. Net loss, 150,000. Instructions: Please prepare journal entries to record the business transactions for Baiyun Co.