Prepare journal entries to record the following four seperate issuances of stock. 1. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,000. The stock has no stated value. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimaed to be worth $30,000. The stock has $1 per share stated value. 3. A corporation issued 4,000 shares of $10 par value comon stock for $70,000 cash. 4. A corporation issued 1,000 shares of $100 par value preferred stock for $120,000 cash