a. Sell for $25 cash per share. b. Are exchanged for land valued at $1,550,000. View transaction list 1 Record the issuance of 62,000 shares of no-par value / common stock assuming the shares sell for $25 cash per share. assuming Record the issuance of 62,000 shares of no-par value common stock assuming the shares are exchanged for land valued at $1,550,000 2 Credit Note:-journal entry has been entered Record entry Clear entry View general journal