Swifty Corporation was organized on January $1,2025.$ It is authorized to issue $9,400$ shares of $8\%,$$$100$ par value preferred stock, and $537,000$ shares of no$-$par common stock with a stated value of $$1$ per share. The following stock transactions were completed during the first year.

Jan. $10$ Issued $80,740$ shares of common stock for cash at $$6$ per share.

Mar. $1$ Issued $5,980$ shares of preferred stock for cash at $$109$ per share.

Apr. $1$ Issued $24,200$ shares of common stock for land. The asking price of the land was $$90,970$; the fair value of the land was $$80,740.$

May $1$ Issued $80,740$ shares of common stock for cash at $$9$ per share.

Aug. $1$ Issued $9,400$ shares of common stock to attorneys in payment of their bill of $$48,600$ for services rendered in helping the company organize.

Sept. $1$ Issued $9,400$ shares of common stock for cash at $$11$ per share.

Nov. $1$ Issued $1,080$ shares of preferred stock for cash at $$118$ per share.

Prepare the journal entries to record the above transactions. $($List all debit entries before credit entries. Credit account titles are