Sagan Co. had these transactions during the current period.

June	12		Issued 80,000 shares of $1 par value common stock for cash of $300,000.
July	11		Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share.
Nov.	28		Purchased 2,000 shares of treasury stock for $9,000.

Prepare the journal entries for the Sagan Co. transactions.