Pronghorn Corporation was organized on June 1, 2025. It is authorized to issue 100,000 shares of 5%, $100 par value preferred stock, and 1,750,000 shares of no par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year: June 15 Issued 161,000 shares of common stock for cash at $5 per share. June 30 Issued 22,600 shares of preferred stock for cash at $103 per share. Aug. 15 Issued 19,900 shares of common stock for a factory building. The asking price of the factory building was $149,250; the appraised value of the factory building was $139,300. Sept. 1 Issued 196,000 shares of common stock for cash at $7 per share. Oct. 1 Issued 5,400 shares of common stock to attorneys in payment of their bill of $43,200 for services rendered in helping the company organize. Oct. 15 Issued 26,200 shares of common stock for cash at $8.50 per share. Nov. 1 Issued 5,600 shares of preferred stock for cash at $104 per share. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry isrequired,select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entriesin the order presented in the problem.) Date Account Titles and Explanation