On August 4, 2019. KYC Co. issued 1,400 shares of $50 par value preferred stock for equipment. The market value of the equipment was $75,000. What is the value of Preferred Stock?* O $75,000 $70,000 O $145,000 O None of the options On January 1, 2019, BBF Company issued 25.000 shares of $ 4.5 stated value of common stock shares for $7 cash eh. What is the amount of cash to be received? O $175,000 O $112.500 $62,500 O None of the options