Sunland Company was organized on January 1,2022. It is authorized to issue 14,000 shares of 8%,$100 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 587,500 . May 1- kstued 85,000 shires of common stock for cashat \$4.25 per share. Auge 1 Isued 10,000 shares of commonstock to attomeys in payment of their bill of $45,000 for services performed in helpirg the company organize. Sept. In Isued 10,000 shares of common stock for cosh at $6 per share. Now 1 Issued 1500 shares of preferred stock for cash at $115 per share. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account tities are automatically Indented When amount is entered. Do not Indent manually, If no entry Is requilred, select "No Entry" for the account tiffes and enter 0 for the amounts.)