Question 2-20 Marks PART 1 4 Given Data: 5 6 On October 3, 2020, Synthetic Inc, a cell phone protector company, issued 6,000 of its preferred 7 shares for cash of $19.50 each. On November 19 the company issued 3,400 preferred shares in exchange 8 for land with a fair market value of $80,000. a. Prepared the entries for October 3 and November 19. 9 10 b. Calculate the average issued price per preferred share. 11