Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locat The following is adapted from Shake Shack's financial statements for the quarter ended June 26. reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2 a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e. Conducted negotiations to purchase a farm, which is expected to cost $15. 3. Record the transaction effects determined in part 2 using journal entries. (If no entry ls requlred for a Journal Entry Requlred" In the flrst occount fleld. Enter your answers In millions (l.e., 10,000,000 st Journal entry worksheet 5 Issued additional shares of common stock for $50 in cash. Record the transaction. Note: Enter debits before credits