Recording Entries for Common Stock Issuance Record journal entries for the following separate transactions. a. Max Inc. issued 5,000 shares of $1 par value common stock for $20 per share on January 1, 2020. b. Max Inc. issued 1,200 shares of no par common stock for $25 per share on January 1, 2020. The state of incorporation requires a minimum value per share of $2. c. Max Inc. issued 600 shares of nc-par common stock for $18 per share on January 1, 2020. d. Max Inc. issued 6,000 shares of $1 par value common stock for $18 per share on January 1, 2020, and incurred $1,200 in legal fees related to the stock issuance. e. Max Inc. issued 12,000 shares of common stock ($1 par) in exchange for equipment with a fair value of $213,600. f. Max Inc. issued 3,600 shares of Class A common stock ($1 par) and 4,800 shares of Class B common stock (S2 par) at a price of $96,000. At the time of issuance, the market price of the Class A common stock is $15 per share, and the market price of the Class B common stock is $10 per share . Max Inc. issued 3,600 shares of Class A common stock ($1 par) and 4,800 shares of Class B common stock ($2 par) at a price of $102,000. At the time of issuance, the market price of the Class A common stock is $16 per share, and the market price of the Class B common stock is unknown. Date Account Name Dr. Cr a. n. 1.2020 Common Stock C b. Jan. 1.2020 Common Stock 0 C 0 C 0 0 D c. 1.2020 . 0 d. Jan 1, 2020 0 0 Commar Steck 0 D 0 D elan 1, 2020 Common Stock 0 0 0 0 f. 5. 1. 2020 0 D Comman Stock-Class A 0 D 0 Common Stock-Class B O 0 0 5.1, 2020 0 0 D Comman Stock-Class A