The following transactions took place in June for the Holista Corporation:

• 1st Issued 1,000 shares of $100 preferred shares.
• 10th Issued 3,000 shares of common shares for $18 per share.
• 15th Received land with a fair market value of $60,000 and a building with a fair market value of $180,000 in exchange for 15,000 shares of common shares.

Which of the following is the correct journal entry for June 1st transaction?