Recording Entries for Common Stock Issuance Record journal entries for the following separate transactions. Note: As needed, use the account "Common Stock" for parts a through e, and use the accounts "Common Stock-Class A" and "Common Stock-Class B" for parts f and g. Note: As needed, use the account "Paid-in Capital in Excess of Par-Common Stock" for parts a through e, and use the accounts "Paid-in Capital in Excess of ParClass A Common Stock" and "Paid-in Capital in Excess of Par-Class B Common Stock" for parts f and g. a. Max Inc. issued 7,000 shares of $1 par value common stock for $20 per share. b. Max Inc. issued 1,400 shares of no-par common stock for $25 per share. The state of incorporation requires a minimum value per share of $2. c. Max Inc. issued 700 shares of no-par common stock for $18 per share. d. Max Inc. issued 7,000 shares of $1 par value common stock for $18 per share and incurred $1,400 in legal fees related to the stock issuance. e. Max Inc. issued 14,000 shares of common stock ($1 par) in exchange for equipment with a fair value of $249,200. f. Max Inc. issued 4,200 shares of Class A common stock ($1 par) and 5,600 shares of Class B common stock ($2 par) for $112,000 cash. 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. g. Max Inc. issued 4,200 shares of Class A common stock ($1 par) and 5,600 shares of Class B common stock ($2 par) for $119,000 cash. 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.