stock, $60 par and 750,000 shares of $20 par comnon stock. The following selected transactions were completed during the first year of operations: Journalize the transactions. If an amount box does not require an entry, leave it blank. Feb. 5. Issued 135,000 shares of commen stock at par for cash. Feb. 5. Issued 550 shares of common stock at par to an attorney in payment of legal fees for organiaing the corporation. Apr. 9. Issued 22,000 shares of common stock in exchange for land, buidings, and equipment with fair market prices of sa0,000, 3437,000 , and s99,000, respectively. June 14. Issued 38,000 shares of preferred stock at $73 for cash