Sweet Corporation was organized on January 1, 2020. It is authorized to issue 9,800 shares of 8%, $100 par value preferred stock and 516,800 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year Jan 10 Issued 80.550 shares of common stock for cash at $7 per share. Mar 1 Issued 5,100 shares ofpreferred stock for cash at $110 per share. Issued 24.530 shares of common stock for land. The asking price of the land was 591,120; the fair value of the land was $80.550 Apr. 1 May 1 Aug 1 Issued 80,550 shares of common stock for cash at $8 per share. Issued 9,800 shares of common stock to attorneys in payment of their bill of $48.000 for services rendered in helping the company organize Issued 9,800 shares of common stock for cash at $10 per share. Sept 1 Nov 1 Issued 1.060 shares of preferred stock for cash at $120 per share. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit