PROBLEM I: Skylar Systems completed the following stock issuance transactions:

May $19$: Issued $1,700$ shares of $$2$ par value Common Stock for cash of $$9\mathrm{.}50$ per share.

June $3$: Issued $200$ shares, no$-$par Preferred stock for $$10,000$ cash.

June$11$: Received equipment with a market value of $$76,000$ in exchange for $3,000$ shares value common stock.

Journalize the transactions. Explanation not required.