Brockbank Corporation was organized on July 15, 2000. Record the journal entries for Brockbank to account for the following:

a. The state authorized 30,000 shares of 7 percent preferred stock ( $\$ 20$ par) and 100,000 shares of no-par common stock

b. Peter Brockbank gave 6,000 shares of common stock to his attomey in return for her help in incorporating the business. Fees for this work are normally about $\$ 18,000$. (Note: The debit is to Organization Costs, an intangible asset.)

c. Brockbank Corporation gave 15,000 shares of common stock to a friend who contributed a building worth $\$ 50,000$.

d. Brockbank Corporation issued 5,000 shares of preferred stock at $\$ 25$ per share

e. Peter Brockbank paid $\$ 70,000$ cash for 30,000 shares of common stock.

f. Another friend donated a $\$ 15,000$ machine and received 4,000 shares of common stock.

g. The attorney sold all her shares to her brother-in-law for $\$ 18,000$.