Sheffield corp. was organized on january 1, 2017. it is authorized to issue 21,300 shares of 7%, $53 par value preferred stock and 465,000 shares of no-par common stock with a stated value of $2 per share. the following stock transactions were completed during the first year.

jan. 10 issued 72,500 shares of common stock for cash at $5 per share.
mar. 1 issued 1,250 shares of preferred stock for cash at $56 per share.
may 1 issued 117,500 shares of common stock for cash at $6 per share.
sept. 1 issued 5,500 shares of common stock for cash at $9 per share.
nov. 1 issued 3,500 shares of preferred stock for cash at $60 per share.

journalize the transactions.