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Journal entry worksheet B Record the issue of 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $55,000. The stock has no stated value. Note: Enter debits before credits. Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 6,000 shares of $5 par value common stock for $36,000 cash. 2. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $55,000. The stock has a \$2 per share stated value. 3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $55,000. The stock has no stated value. 4. A corporation issued 1,500 shares of $50 par value preferred stock for $130,000 cash. Journal entry worksheet Record the issue of 6,000 shares of $5 par value common stock for $36,000 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 1,500 shares of $50 par value preferred stock for $130,000cash. Wote: Enter debits before credits. Journal entry worksheet Record the issue of 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $55,000. The stock has a $2 per share stated value. Note: Enter debits before credits. Required informotion The following information applies to the questions displayed below] York's outstanding stock consists of 90,000 shares of noncumblave: 6.5% preferred stock with a $5 par value and also 100,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.)