Problem 3. \begin{tabular}{|l|r|} \hline The following is the Stockholders Equity section of Shaq \& Co. at December 31, 2020: & 12/31/20 \\ \hline Common stock, $5 par value, (1,800,000 shares issued and outstanding) & $9,000,000 \\ \hline Additional paid-in-capital CS & $11,000,000 \\ \hline Retained Earnings & $7,500,000 \\ \hline \end{tabular} The following transactions occurred during 2021: 1100,000 shares of common stock were purchased for the treasury at $35 per share 2 Preferred stock was issued for land. The asking price of the land was $900,000. The value of the land was $840,000. 340,000 shares of treasury stock were sold at $38 per share \begin{tabular}{l|l} 4 & 40,000 shares of treasury stock were sold at $35 per share \\ 5 & The remaining 20,000 shares of treasury stock were sold at $22 per share \end{tabular} Journalize the 5 transactions above