Blue Company is authorized to issue 2,000,000 shares of common stock. On May 1, 2006, Blue issued 10,000 shares at $40 per share. 1. Record the journal entry to issue the shares on assuming the common stock as a S.50 par value per share. no stated value stated value of $2 per share. 2. Record the journal entry to issue the shares assuming the common stock has no par value and 3. Record the journal entry to issue the shares assuming the common stock has no par value, but a