Presented below is information related to Giannini Company: The company is granted a charter that authorizes issuance of 30,000 shares of $80 par value preferred stock and 60,000 shares of S4 par value common stock 1/1/17 20,000 shares of common stock are issued to the founders of the corporation for copyright valued by the board of directors at $800,000 2/1/17 12,000 shares of preferred stock are sold for cash at $94 per share 6/1/17 The company issues 1,300 shares of common stock to its Attorneys Grillo, Maldonado, and Nestola for costs associated with starting the company. At that time, the common stock was selling at 532 per share 9/1/17 The company repurchases 1,600 shares of common stock at $40. 11/1/17 The company sells 1,000 shares of treasury stock at $38. Instructions Prepare the general journal entries necessary to record these transactions