ICOT Industries Issued 28 million of its $1 par common shares for $492 million on April 11. Legal, promotional, and accounting services necessary to effect the sale cost $3 million Required: 1. Prepare the journal entry to record the issuance of the shares. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e. 10,000,000 should be entered as 10).) No Event Credit Answer is not complete. General Journal Cash Common stock Pald.in capital share repurchase Debit 489,000,000 1 1 28,000,000 BO