M11-4 (Algo) Analyzing and Recording the Issuance of Common Stock [LO 11-2) To expand operations, Aragon Consulting issued 1,600 shares of previously unissued common stock with a par value of $1. The price for the stock was $50 per share. Required: 1-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock Issuance 1-b. Prepare the journal entry for the stock issuance 2-a. Complete the table below, indicating the account amount, and direction of the effect for the stock issuance with a par value of $2 2-b. Prepare the journal entry for the stock Issuance, if the par value were $2 per share. Complete this question by entering your answers in the tabs below. Req IA Reg 18 ROG 2A Reg 28 Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance (Enter any decreases to account balances with a minus sign Assets Liabilities Stockholders' Equity Reg 1B