The following transactions occurred during the first six months of operation for Jackson Corporation: Jan. 15 Articles of incorporation are filed with the state. The state authorized the issuance of 20,000 shares of $100 par value preferred stock and 500,000 shares of $10 par value common stock Feb. 28 The attorneys for the corporation accepted 4.000 shares of common stock as payment for their services rendered in helping the company incorporate. The services are estimated to have a fair value of $50,000. May 14 Issued 30.000 shares of common stock in exchange for land that has an appraised value of $350,000 June 10 Issued 10,000 shares of preferred stock for cash at $150 per share. Required: Prepare journal entries to record the above transactions for Jackson Corporation