Samson Company had the following transactions.

1. Issued 5,000 shares of $100 par preferred stock at $107 for cash.

2. Issued 8,000 share of common stock with a par value of $10 for $120,000.

3. Purchased 500 shares of treasury common stock for $12,000.

Prepare the journal entries to record the above stock transactions.

(Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)