Cullumber Corporation had the following transactions. 1. Sold land (cost $13,100) for $16,100.
2. Issued common stock at par for $20,000.
3. Recorded depreciation on buildings for $18,100.
4. Paid salaries of $10,100.
5. Issued 1,200 shares of $1 par value common stock for equipment worth $9,600.
6. Sold equipment (cost $12,800, accumulated depreciation $8,960) for $1,536.
For each transaction above, prepare the journal entry.