Required information Use the following information for Exercises 4-5 below. (Algo) [The following information applies to the questions displayod bolow] Following are the issuances of stock transactions. 1. A cocporation issued 8,000 shares of $30 par value common stock for $288,000cash. 2. A cocporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value. 3. A corporation issved 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value. 4. A corporation issued 2,000 shares of $50 par value preferred stock for $149,000cash. Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accourting equation-specifically, identify the accounts and amounts finclucing + or - for each transaction