On Jan 1, 2018, Kentucky, a new corporation, issued 20,000 shares of its common stock to finance a corporate headquarters building. The building has a fair market value of $600,000 and a book value of $400,000. Because Kentucky is a new corporation, it is not possible to establish a market value for its common stock. Record the issuance of stock for the building, assuming the following conditions: (1) the par value of the stock is $10 per share; (2) the stock is no-par stock; and (3) the stock has a stated value of $4 per share. Prepare the entries in General Journal accounts, as necessary, for each date. A BI !!! III 00