Sunland Company was organized on January 1, 2022. It is authorized to issue 14,000 shares of \8 par value preferred stock, and 550,000 shares of no-par common stock with a stated value of \\( \\$ 3 \\) per share. The following stock transactions were completed during the first year. Jan. 10 Issued 80,500 shares of common stock for cash at \\( \\$ 6 \\) per share. Mar. 1 Issued 4,400 shares of preferred stock for cash at \\( \\$ 105 \\) per share Apr. 1 Issued 24,500 shares of common stock for land. The asking price of the land was \\( \\$ 86,000 \\). The fair value of the land was \\( \\$ 87,500 \\). May 1 Issued 85,000 shares of common stock for cash at \\( \\$ 4.25 \\) per share. Aug. 1 Issued 10,000 shares of common stock to attorneys in payment of their bill of \\( \\$ 45,000 \\) for services performed in helping the company organize. Sept. 1 Issued 10,000 shares of common stock for cash at \\( \\$ 6 \\) per share. Nov. 1 Issued 1,500 shares of preferred stock for cash at \\( \\$ 115 \\) per share Joumalize the transactions. (Record joumol entries in the order presented in the problem. Credit account titles ore automatically indented when amount is entered. Do not indent monually. If no entry is required, select \"No Entry for the occount titles and enter Ofor the amounts.)