Prepare the journal entries for the following transactions: Clearly indicate what is a DR and what is a CR. When identifying the account, put in brackets an (A) for an asset, (L) for liability, and (SE) for shareholder's equity. Revenues and expenses should be coded to shareholder's equity. If no entry is needed, state that. a) Issued 30,000 shares with a $25.00 per share market value. b) Bought a building for $300,000 and Land for $150,000. Paid 25% in cash and the balance with a 10-year, 4% interest note payable. c) Paid insurance premiums, quarterly in advance, in the amount of $6,000. d) Purchased $32,500 of inventory, 40% cash and the balance on credit. e) Paid utilities bill for $350. f) Negotiated an annual contract to provide services to the customers for $350,000 / year. g) Sold $22,750 of services on account, no parts were required. h) Collected a $22,000 cash deposit from customers for custom orders. i) Paid salaries and wages of $11,200. j) Paid the balance owing on inventory previously purchased in part d). k) Received $7,700 from customers on account. l) Declared and paid a $7,800 dividend.