Weber Inc. was authorized to issue an unlimited number of common shares. During June 2014, their first month of operations, the following selected transactions occurred a. June 12: 14,000 of the common shares were issued for a total of $25,200 cash b. June 14: Issued 12,000 common shares at $0.80 per share for cash c. June 19: Gave the corporation's promoters 10,000 common shares for their services in organizing the corporation. The directors valued the services at $42,000 d. June 20: 6,000 common shares were issued in exchange for land valued at $18,000 e. June 30: Closed the Income Summary account. An income of $65,000 was earned a) Prepare journal entries for the above transactions, entering the transaction letter as the explanation, and the dates in the format dd/mmm, (ie. 15/Jan) General Journal Page GJ5 Date Account/Explanation F Debit Credit b) Prepare the equity section of the balance sheet of Weber Inc. at June 30, 2014 Weber Inc. Equity Section of Balance sheet June 30, 2014 Common shares, unlimited shares authorized shares issued and outstanding (Select one) (Select one) c) What was the average issue price per common share? Average issue price per common share