a$.$ On March $1,$ Atlantic Co$.$ issues $50,000$ shares of $\backslash (\backslash$$ $5\backslash )$ par value common stock for $\backslash (\backslash$$ $320,000\backslash )$ cash. b$.$ On April $1,$ OP Co$.$ issues no$-$par value common stock for $\backslash (\backslash$$ $85,000\backslash )$ cash. c$.$ On April $6,$ MPG issues $3,500$ shares of $\backslash (\backslash$$ $25\backslash )$ par value common stock for $\backslash (\backslash$$ $54,000\backslash )$ of inventory, $\backslash (\backslash$$ $160,000\backslash )$ of machinery, and acceptance of a $\backslash (\backslash$$ $90,000\backslash )$ note payable. Journal entry worksheet Record the issuance of $50,000$ shares of $\backslash (\backslash$$ $5\backslash )$ par value common stock for $\backslash (\backslash$$ $320,000\backslash )$ cash. Note: Enter debits before credits. $/$r$/$n Record the issuance of no$-$par value common stock for $\backslash (\backslash$$ $85,000\backslash )$ cash. Note: Enter debits before credits. $/$r$/$n Record the issuance of $3,500$ shares of $\backslash (\backslash$$ $25\backslash )$ par value common stock for $\backslash (\backslash$$ $54,000\backslash )$ of inventory, $\backslash (\backslash$$ $160,000\backslash )$ of machinery, and acceptance of a $\backslash (\backslash$$ $90,000\backslash )$ note payable. Note: Enter debits before credits.