Prepare journal entries for these transactions a. Issued 1,500 shares of $100 par value preferred stock at par. b. Issued 2,400 shares of $100 par value preferred stock in exchange for land that had an appraised value of $306,000. c. Issued 69,000 shares of $5 par value common stock for $11 per share. d. Purchased 13,500 shares of common stock for the treasury at $13 per share. e. Sold 6,000 shares of the treasury stock purchased in transaction d for $14 per share. f. Declared a cash dividend of $1.75 per share on the preferred stock outstanding, to be paid early next year. g. Declared and issued a 5% stock dividend on the common stock when the market price per share of common stock was $15. (Assume state law allows stock dividends and stock splits on treasury stock.)