Problem 3. The following is the Stockholders Equity se 12/31/2020 Common stock, $5 par value, (700,000 shar $9,000,000 Additional paid-in-capital CS $11,000,000 Retained Earnings $7,500,000 The following transactions occurred during 2021: 1 100,000 shares of common stock were purchased for the treasury at $16 per share 2 Preferred stock was issued for land. The asking price of the land was $1,750,000. The value of the land was $1,600,000 40,000 shares of treasury stock were sold at $19 per share 40,000 shares of treasury stock were sold at $17 per share The remaining 20,000 shares of treasury stock were sold at $13 per share Journalize the 5 transactions above 3 4 5