Question 4 [20 points] Barton Corporation began a very lucrative consulting operation on November 1, 2014. They are authorized to issue 450,000 shares of $5.00 cumulative preferred shares. They are also authorized to issue 500,000 common shares. a November 5: 14,000 common shares were issued in exchange for land valued at $42,000. b. November 14: 8,000 of the preferred shares were issued for a total of SA,800 cash. c. November 19: Issued 6,000 preferred shares at $5.72 per share for cash. d. November 20: 13,000 of the common shares were issued for a total of $40,300 cash. e. November 25: Gave the corporation's promoters 5,000 common shares for their services in organizing the corporation. The directors valued the services at $23,000 f. November 30: In addition to the declaration of the annual dividend on the preferred shares, dividends of $48,000 were declared on the common shares today Prepare journal entries for the above transactions, entering the transaction letter as the explanation. Also, enter dates in the format dd/mmm (ie. 15/Jan). General Journal Account Explanation Page Gj1 F Debit Crely Date