Tom Yuppy, a wealthy investor, exchanged a plot of land that originally cost him $47,880 for 1,260 shares of $10 par common stock issued to him by Leuig Corporation On the same date, Leuig Corporation issued an additional 2,520 shares of stock to Yuppy for $38 per share. Required a. What was the value of the land at the date of the stock issue? b. Show the effect of the two stock issues on Leuig's books in a horizontal statements model. c. Prepare the journal entries to record these transactions. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet B Record the entry for exchange of land with common stock. Note: Enter debits before credits