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Fatima Corporation was organized on January 1,2020 . It is authorized to issue 600.000 shares of no par common stock with a stated (par) value of $2 per share. Instruction: Prepare the journal entry to record the following: August 1: Issued 25,000 shares of common stock for land. The asking price of the land was $100,000; the fair market value of the land was $90,000