Show the lead of this department the journal entries for the following:

Sold $50,000$ shares of common stock for $$12$ each

Sold $10,000$ shares of common stock for land worth $$100,000$ when the market price of the stock was $$12$

Declared the dividends on the preferred stock for the year

Declared a small stock dividend of $5\%$ of the common stock

Purchased back $4,000$ shares of common stock for $$13$ per share

Sold $10,000$ shares of common stock and $500$ shares of preferred stock for $$150,000$ when the market price of the common was $$12$ per share and the market price of the preferred was $$55$ per share

$7.)$ Paid the preferred dividends declared in item $3$ above

Distributed the stock dividends declared in item $4$ above

Retired the common stock purchased as item $5$ above

Sold $100\mathrm{.}000$ shares of the treasurv stock at $$13$ per share