w.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession.... Issuing Stock Professional Products in a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 125,000 shares of preferred 4% stock. $50 par and 300,000 shares of $25 par common stock. The following selected transactions were completed during the first year of operations: Journalize the transactions. If an amount box does not require an entry, leave it blank. Feb. 5. Issued 90,000 shares of common stock at par for cash Feb. 5. Feb. S. Issued 450 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation Feb. 5. 9. Issued 20.000 shares of common stock in exchange for land buildings and equipment with fair martaces of 194,000, 3512.000 and ho ngagenow.com/keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession... Feb. 5. Feb. 5. Issued 450 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. Feb. s. Apr. 9. Issued 20,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $94,000 $511.000, and $115,000, respectively, Apr. 9 June 14. Issued 15,000 shares of preferred stock at $63 for cash une 16