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 $23,500. The stock has a $1 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 $23,500. The stock has no stated value. 4. A corporation issued 1,500 shares of $25 par value preferred stock for $61,000 cash. Quest has 10,000 shares of \$1 par value stock outstanding. On December 31, Quest declared a 10* stock dividend, when the stock was selling for $15 per share. The stock will be distributed to stockholders on January 20 . Let's prepare the December 31 entry. Then prepare the entry for when the stock is distributed on January 20