On January 22, Ireland Corporation issued for cash 32,000 shares of no-par common stock at $35. On February 14, Ireland issued at par value 10,000 shares of preferred 7% stock, $80 par for cash. On August 30, Ireland issued for cash 24,000 shares of preferred 7% stock, $80 par at $86.
Journalize the entries to record the January 22, February 14, and August 30 transactions.
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