Problem 13-1A Delong share. The following stock transactions were completed during the first year s organ zed on January 1, 2017 It is a thorized to i sue 12,500 shares of 8%-$100 par value preferred stock, and S13000 shares of deck Ren en d now con o pr Jan. 10 Issued 78,000 shares of common stock for cash at $4 per share. Mar. 1 Issued 5,750 shares of preferred stock for cash at $110 per share. Apr 1 Issued 23,000 shares of common stock for land. The acking price of the land was $94,000. The fair value of the land was $80,500. May 1 lesued 81,500 shares of common stock for cash at $4.25 per share. Aug. 1 Issued 10,500 shares of common stock to attomeys in payment of their bill of $42,000 for services performed in helping the company organize Sept. 1 Issued 11,500 shares of common stock for cash at $6 per share. Nov. 1 Issued 3,000 shares of preferred stock for cash at $108 per share. Journalize the transactions (Record ournal entries in the order presented in the problem0m t account titles are auto matically ? dented when amount s entered. Do not m dent manuallr3 Date Account Titles and Explanation Debit