1. SachsCorp issued 600 shares of $4 par value common stock and 200 shares of $20 par value preferred stock for a lump sum of $25,000, when the market value of the common shares is $30 each and the market value of the preferred shares is $50 each. a. Give the journal entry for SachsCorp for the issuance of the shares assuming the market value of the common shares and the market value of the preferred shares are both known. Assume no issue costs. b. Give the journal entry for SachsCorp for the issuance of the shares assuming the market value of the common shares is known, but the market value of the preferred shares is unknown. Assume no issue costs. C. Give the journal entry for SachsCorp for the issuance of the shares assuming the market value of the common shares and the market value of the preferred shares are both known. Assume issue costs of $4,000