On May 23, Washburn Realty Inc. issued for cash 45,000 shares of no-par common stock (with a stated value of $4) at $16. On July 6, Washburn Realty Inc. issued at par value 12,000 shares of preferred 1% stock, $75 par for cash. On September 15, Washburn Realty Inc. issued for cash an additional 20,000 shares of no-par common stock (with a stated value of $4) for $22. Journalize the entries to record the May 23, July 6, and September 15 transactions.