Quay Co. had the following transactions during the current period.

Mar.	2		Issued 4,900 shares of $4 par value common stock to attorneys in payment of a bill for $25,500 for services performed in helping the company to incorporate.
June	12		Issued 61,000 shares of $4 par value common stock for cash of $312,700.
July	11		Issued 2,475 shares of $110 par value preferred stock for cash at $130 per share.
Nov.	28		Purchased 2,490 shares of treasury stock for $80,500.

Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)