Shareholders equity

This is a example

My question (Only Jan.1.5.20)

LO3 For example 2011 Gave 4,000 common shares to the organizers of the corporation in exchange for accounting and legal services valued at 365,000 June s 15 Received $17 cash per share for the issuance of 75,000 common shares 5 Cash 1,275,000 Common Shares Issued common shares for cash 5,000 shares x$17/share- $1,275,000 1,275,000