Problem 2 (6 Points) Prepare the assumptions. entry for the issuance of 4,000 shares of common stock under the following (a) The stock had a par value of $5 per share and was issued for a total of $45,000. (b) The stock had a par value of $5 per share and was issued to attorneys for services during in-corporation valued at $50,000. The stock had a par value of $5 per share and was issued for land worth $75,000. d)