Sarasota Co. had the following transactions during the current period. Mar. 2 Issued 4,400 shares of $5 par value common stock to attorneys in payment of a bill for $27,400 for services performed in helping the company to incorporate. June 12 Issued 64,300 shares of $5 par value common stock for cash of $399,500. July 11 Issued 2,500 shares of $100 par value preferred stock for cash at $140 per share. Nov. 28 Purchased 1,850 shares of treasury stock for $80,000.