Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 30,000 shares of preferred 2% stock, $100 par and 500,000 shares of $10 par common stock. The following selected transactions were completed during the first year of operations: Feb. Issued 212,000 shares of common stock at par for cash. Issued 300 shares of common stock at par to an attorney in payment of legal fees for organizing the oration. p. Issued 66,400 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $148,100, $521,840 and $166,700 respectively. June 14 Issued 15,000 shares of preferred stock at $108 for cash. Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles