Question -5 Mathew Inc. issued 500 shares of $ 125 par value common stock and 100 preferred shares of S 1,250 par value preferred stock for lump sum of $ 1,250,000. a) Prepare the journal entry for the issuance when the market value of the common shares is $ 2100 and market value of preferred stock is $ 2,625 each. b) Prepare the journal entry for the issuance when only the market value of common stock is known and it is $2,125