Check my work During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders equity. The articles of incorporation authorized the issue of 8 million common shares, $1 par per share, and 2 milion preferred shares, $50 par per share. 10 points Teb. 12 Sold 3 million common shares, for $10 per share 3Ised 36,000 comon shares to attorneys in exchange for leal servioes 13 Sold 77,000 of its common shares and 4,500 preferred shares for a total of $1,020,000 Nov-15 Isssed 405.000 of its comon shares in exchange for eqaipeent for which the cash price vae known to be Required: journal entry required" in the first account field. Enter your answers in whole dollars) 3,928,000. Print ReferencesPrepare the appropriate journal entries to record cach transaction. (If no entry is required for a particular transaction, select "No