Question 6 pts Dance Company is authorized to issue 10,000 shares of 8%. $100 per value preferred stock and 500,000 shares of no par common stock with a stated value of $1 per share. Dance issues 10,000 shares of common stock to pay its recent attorney's bill of $55,000 for legal services on a fand access dispute. Prepare the journal entry to record the issuance of stock. Edt View Insert Format Tools Table 12pe Paragraph BI VA I + O words