Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) a. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $170,000 in cash for the property. According to appraisals, the land had a fair value of $125,400 and the building had a fair value of $64,600.
b. On September 1, Tristar signed a $47,000 noninterest-bearing note to purchase equipment. The $47,000 payment is due on September 1, 2022. Assume that 8% is a reasonable interest rate.
c. On September 15, a truck was donated to the corporation. Similar trucks were selling for $3,200. On September 18, the company paid its lawyer $6,500 for organizing the corporation.
d. On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $22,000 and $850 in freight charges also were paid.
e. On December 2, Tristar acquired various items of office equipment. The company was short of cash and could not pay the $6,200 normal cash price. The supplier agreed to accept 200 shares of the company's no-par common stock in exchange for the equipment. The fair value of the stock is not readily determinable.
f. On December 10. the company acquired a tract of land at a cost of $20,000. It paid $2000 down and signed a 10% note with both principal and Interest due In one year. Ten percent is an appropriate rate of Interest for this note.

Required:
Journalize the entries.