A Corporation Received Its Charter and Began Business This Year

A corporation received its charter and began business this year.The company is authorized to issue 50,000 shares of $100 par,10%,noncumulative,nonparticipating preferred stock and 500,000 shares of no-par common stock.The following selected transactions occurred during this year:
$$\begin{array} { | l | l | } \hline \text { Apr. } 5 & \text { Issued 250 shares of preferred stock for } \$ 104 \text { cash per share } \\\hline \text { June } 15 & \begin{array} { l } \text { Exchanged } 750 \text { shares of commom stock for } \$ 15,000 \text { in legal services incurred in } \\\text { the orgarization of the companty. }\end{array} \\\hline\end{array}$$
Prepare journal entries to record these transactions.