The following is the Stockholders Equity section of Kobe & Co. at December 31, 2018: Common stock, $5 par value, (900,000 shares issued and outstanding) $4,500,000 Additional paid-in-capital CS $6,000,000 Retained Earnings $3,800,000 The following transactions occurred during 2019: 1 100,000 shares of common stock were purchased for the treasury at $18 per share 2 Preferred stock was issued for land. The asking price of the land was $2,750,000. The value of the land was $2,250,000. 3 40,000 shares of treasury stock were sold at $22 per share 4 40,000 shares of treasury stock were sold at $16 per share 5 The remaining 20,000 shares of treasury stock were sold at $7 per share Journalize the 5 transactions above