Question 2 (25 points] Weber Inc. was authorized to issue 450,000 $2.00 preferred shares and 500,000 common shares. During April 2014, their first month of operations, the following selected transactions occurred: a. April 5: 8,000 preferred shares and 9,000 common shares were issued at $7.00 and $4.00, respectively, cash. b. April 20: 14,000 of the common shares were issued for a total of $14,000 cash. c. April 20 : Issued 6,000 preferred shares at $2.50 per share for cash. d. April 24 : Gave the corporation's promoters 11,000 common shares for their services in organizing the corporation. The directors valued the services at $22,000. e. April 24: 5,000 of the preferred shares were issued for a total of $40,000 cash. f. April 30 : 5,000 common shares were issued in exchange for land valued at $5,000. g. April 30 : Issued 14,000 common shares at $2.00 per share for cash. Prepare journal entries for the above transactions. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). General Journal Account/Explanation Page GJS Credit Date F Debit + - + - 1 + =