Professional Products Inc., a wholesaler of office products, was organized on Fobruary 5 of the current year, with an authorization of 25,000 shares of preferred 2% stock, $100 par and 500,000 shares of $10 par common stock. The following solected transactions were completed during the first year of operations: Feb. 5 Issued 220,000 shares of common stock at par for cash. 5 Issued 700 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. Apr. 9 Issued 68,700 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $153,800,$458,110, and $164,400 respectively. June 14 Issued 18,200 shares of preferred stock at $115 for cash. Journalize the transactions. Chart of Accounts ASSETS 110 Cash 120 Accounts Receivable 131 Notes Recelvable 132 Interest Receivable 141 Inventory 145 Orice Supplies 151 Prepaid Insurance 181 Land 191 Bulidings 192 Accumulated Depreciation-Buildings 193 Equipment 194 Accumulated Depreciation-Equipment LABILTTES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 241 Salaries Payable 261 Mortgage Note Payable REVENUE 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 515 Credit Card Expense 520 Salaries Expense 531 Advertising Expense 532 Delvery Expense 533 Selling Expenses 534 Rent Expense 535 Insurance Expense 536 Office Supplies Expense 537 Organizational Expenses 561 Depreciation Expense.Buldings 562 Depreciation Expenso-Equ pnyent 590 Miscellaneous Expense 710 interest Expense ( Woumalize the transactions