The following is a news item reported by Reuters: WASHINGTON, Jan 29 (Reuters)-Wright Medical Group, a maker of reconstructive implants for knees and hips, on Tuesday filed to sell 3 million shares of common stock. In a filing with the U.S. Securities and Exchange Commission, it said it plans to use the proceeds from the offering for general corporate purposes, working capital, research and development, and acquisitions. After the sale there will be about 31.5 million shares outstanding in the Arlington, Tennessee-based company, according to the SEC filing Wright shares closed at $1715 on Nasdaq. The common stock of Wright Medical Group has a par of $0.01 per share. Required: Prepare the journal entry to record the sale of the shares assuming the price existing when the announcement was made and ignoring share issue costs. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 1 Record the issuance of the new stock. Note: Enter debits before credits During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders' equity. The articles of incorporation authorized the issue of 8 million common shares, S1 par per share, and 1 million preferred shares, $50 par per share Teb. 12 Sold 2 million common shares, for $ per share 13 Issued 40,000 common shares to attorneys in exchange for legal services. 13 Sold 80,000 of its common sbares and 4.000 preferred shares for a total of $945,000. Nov. 15 Issued 380,000 of its common where in exchange for equipment for which the cash price was known to be $3,688,000. Required: Prepare the appropriate journal entries to record each transaction. (If no entry is required for a particular transaction, select "No Journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction ist Journal entry worksheet 1 2 3 4 Sold 2 million common shares, for 59 per share. Notter debit before credit General Journal Debit Credit Date February 12