June 5 Issued 80000 common shares for $5.20 per share. Aug. 21 Issued 5000 pre

June 5 Issued 80000 common shares for $5.20 per share.
Aug. 21 Issued 5000 preferred shares for $55 per share.
Sept. 15 Issued 22000 common shares in exchange for land. The asking price of the land was $100000. The common shares were trading for $5.45 per share on this
date.
Nov. 20 Issued 78000 common shares for $5.70 per share.
Jan. 12 Repurchased 80000 common shares for $5.20 per share.
Mar. 9 Issued 10000 common shares for $6.20 per share.
Apr. 16 Issued 2000 preferred shares for $66 per share.
May 15 Declared the annual preferred dividend to the preferred shareholders to shareholders of record on May 30 payable on June 10.
31 Reported net earnings of $515000 for the year. please find the entry for jan 12.