Following are the issuances of stock transactions. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,500. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,500. The stock has no stated value. 4. A corporation issued 2,000 shares of $100 par value preferred stock for $254,500 cash. Prepare journal entries to record each of the following four separate issuances of stock.