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 162.000 shares of common stock for cash at $5 per share. June 30 - Issued 25.400 shares of preferred stock for cash at $102 per share. Aug. 15 - Issued 20,500 shares of common stock for a factory building. The asking price of the factory building was $153,750; the appraised value of the factory building was $143.500 Sept. 1 - Issued 199.000 shares of common stock for cash at $7 per share. Oct. 1 - Issued 5.100 shares of common stock to attorneys in payment of their bill of $40,800 for services rendered in helping the company organize. Oct. 15 - Issued 25.300 shares of common stock for cash at $8.50 per share. Nov. 1 - Issued 6,000 shares of preferred stock for cash at $105 per share. Prepare the journal entries to record the above transactions.