Prepare the issuer's journal entry for each of the following separate transactions.

On March $1,$ Atlantic Company issues $48,500$ shares of $$3$ par value common stock for $$315,500$ cash.

On April $1,$ OP Company issues no$-$par value common stock for $$82,000$ cash.

On April $6,$ MPG issues $3,200$ shares of $$25$ par value common stock for $$51,000$ of inventory, $$160,000$ of machinery, and acceptance of a $$101,000$ note payable.