On Jan 5 of the current year, with an authorization of 80,000 shares of 2% noncumulative preferred stock, $50 par and 250,00 shares of $100 par common stock. The following transactions were completed.

Jan 5 Issued 10,00 shares of common stock at par for cash

Jan 18 Issued 100 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation

Feb 13 Issued 4,250 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $50,000, $280,000, and $120,000, respectively.

Apr 1 Issued 3,500 shares of preferred stock at $52 for cash

Journalize the transactions