Following are the issuances of stock transactions. 1. A corporation issued 10,000 shares of $20 par value common stock for $240,000 cash. 2. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $55,000. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $55,000. The stock has no stated value. 4. A corporation issued 2,500 shares of $50 par value preferred stock for $180,000 cash. Analyze each transaction from issuances of stock by showing its effect on the accounting equation, specifically, identify the accounts and amounts (including + or -) for each transaction. Assets Liabilities + Equity 1. = + 1. = + 2. + 2. = + 2. = + 3 + 3. + 4. + 4