Rodriguez Corporation issues 16,000 shares of its common stock for $217,200 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $12 par value. 2. The stock has neither par nor stated value. 3. The stock has a $6 stated value. View transaction list Record the issue of 16,000 shares of $12 par value common stock for $217,200 cash. 1 Record the issue of 16,000 shares of no-par, no-stated value common stock for $217,200 cash. 2 Record the issue of 16,000 shares of $6 stated value common stock for $217,200 cash. 3 bit Credit Note: journal entry has been entered ecord entry View general journal entry ear