Exercise 15-1 During its first year of operations, Blue Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 84,100 shares for cash at $7 per share. Mar 1 Issued 5,000 shares to attorneys in payment of a bill for $36,000 for services rendered in helping the company to incorporate. July 1 Issued 31,300 shares for cash at $9 per share. Sept. Issued 60,200 shares for cash at $11 per share. (a) Prepare the journal entries for these transactions, assuming that the common stock has a par value of $5 per share (b) Prepare the journal entries for these transactions, assuming that the common stock is no-par with a stated value of $2 per share