Sunland Company had these transactions during the current period. June 12 Issued 84,000 shares of $1 par value common stock for cash of $315,000. July 11 Issued 4,000 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 3,100 shares of treasury stock for $13,950. Prepare the journal entries for the Sunland Company transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entr is required, select "No Entry" for the account titles and enter 0 for the amounts.)