Required Information Use the following information for Exercises 45 below. (Algo) [The following information applies to the questions displayed below] Following are the issuances of stock transactions. 1. A corporation issued 3,000 shares of $10 par value common stock for $36,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $39,500. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $39.500. The stock has no stated value. 4. A corporation issued 750 shares of $75 par value preferred stock for $95,750cash. rcise 11-4 (Algo) Recording stock Issuances LO P1 A Record the issue of 3,000 shares of $10 par value common stock for $36,000 cash. B Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $39,500. The stock has a $3 per share stated value. C. Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $39,500. The stock has no stated value. D Record the issue of 750 shares of $75 par value preferred stock for $95,750 cash