s 1 00:44:33 Book . Required information. Use the following information for Exercises 4-5 below. (Algo) The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 5,000 shares of $10 par value common stock for $60,000 cash. 2. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $32,500. The stock has a $1 per share stated value. 3. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $32.500. The stock has no stated value. 4. A corporation issued 1,250 shares of $75 par value preferred stock for $126,250 cash. Hint ferences