3 Required information Use the following information for Exercises 4-5 below. (Algo) (The following information applies to the questions chaplayed below) Following are the issuances of stock transactions 1. A corporation issued 5.000 shares of $10 por value common stock for $60,000 cash 2. A corporation issued 2.500 shares of no-par common stock to its promoters in exchange for the efforts, estimated to be worth $47.500 The stock has a $2 per share stated value 3. A corporation issued 2.500 shares of no per common stock be worth $47,500. The stock has no stated value promoters in exchange for the efforts, estimated to 4. A corporation sued 1250 shares of $100 par value preferred stock for $172,500 cash Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation specifically, identify the accounts and amounts including + or -j for each transaction 1 Cash 1 2 2 Asses 60.000 Egity