Rodriguez Corporation issues 8,000 shares of its common stock for $37,500 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $2 par value. 2. The stock has neither par nor stated value. 3. The stock has a $1 stated value. Journal entry worksheet Record the issue of 8,000 shares of $2 par value common stock for $37,500 cash. Note: Enter debits before credits