Record journal entries for the following separate transactions.

a. Max Inc. issued 5,000 shares of \(\$ 1\) par value common stock for \(\$ 20\) per share on January \(1,2020\).

b. Max Inc. issued 1,000 shares of no-par common stock for \(\$ 25\) on January 1, 2020. The state of incorporation requires a minimum value per share of \(\$ 2\).

c. Max Inc. issued 500 shares of no-par common stock for \(\$ 18\) per share on January 1,2020 ,

d. Max Inc. issued 5,000 shares of \(\$ 1\) par value common stock for \(\$ 18\) per share on January 1,2020 , and incurred \(\$ 1,000\) in legal fees related to the stock issuance.

e. Max Inc. issued 10,000 shares of common stock ( \(\$ 1\) par) in exchange for equipment with a fair value of \(\$ 178,000\).

f. Max Inc. issued 3,000 shares of Class A common stock ( \(\$ 1\) par) and 4,000 shares of Class B common stock ( \(\$ 2 \mathrm{par}\) ) at a price of \(\$ 80,000\). At the time of issuance, the market price of the Class A common stock is \(\$ 15\) per share, and the market price of the Class B common stock is \(\$ 10\) per share.

g. Max Inc. issued 3,000 shares of Class A common stock ( \(\$ 1\) par) and 4,000 shares of Class B common stock ( \(\$ 2 \mathrm{par}\) ) at a price of \(\$ 85,000\). At the time of issuance, the market price of the Class A common stock is \(\$ 16\) per share, and the market price of the Class B common stock is unknown.