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Following are the issuances of stock transactions. 1 . A corporation issued 6 , 0 0 0 shares of $ 1 0 par value common

Following are the issuances of stock transactions. 1. A corporation issued 6,000 shares of $ 10 par value common stock for $ 72,000 cash.
2. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $ 48,000. The stock has a $ 2 per share stated value.
3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $ 48,000. The stock has no stated value.
4. A corporation issued 1,500 shares of $ 75 par value preferred stock for $ 165,500 cash.

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