Tristar Production Company began operations on Sept 1. Listed below are a number of transactions that occurred during its first four months of operations. 1. Sept 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid 250000 in cash for the property. According to appraisals, the land had a fv of 178200 and the building had a fv of 91800. 2. Sept 1, Tristar signed a 55000 noninterest-bearing not to purchase equipment. The 55000 payment is due on Sept 1 of next year. Assume that 10% is a reasonable interest rate. 3. On Sept 15, a truck was donated to the corporations. Similar trucks were selling for 4000. 4. On Sept 18, the company paid its lawyer 5000 for organizing the corp. 5. On October 10, Tristar purchased maintenance equipment for cash. The purchase price was 30000 and 1250 in freight charges were also paid. 6. On Dec 2, Tristar acquired various items of office equiptment. The company was short of cash and could not pay the 7000 normal cash price. The supplier agreed 200 shares of the company's no par common stock in exchange for equiptment. The fv of the stock is not readily determinable. 7. On Dec 10, the company acquired a tract of land at a cost of 35000. It paid 5000 down and signed a 12% note with both principal and interest due in one year. 20% is an appropriate rate of interest for this note. Prepare journal entries to record each of the above transactions.