Take me to the text Moon River Inc. was formed on January 1, 2018. Its common stock has no par value or stated value. During 2018, the following stock transactions occurred. Jan 1 Issued 14,000 common shares for $1.25 per share May 15 Issued 4,100 common shares for $1.25 per share Jul 1 Issued 4,900 common shares in exchange for equipment with a fair value of $12,000 Sep 26 Issued 3,600 common shares for $1.25 per share Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit Jan 1 Issued shares for cash May 15 Issued shares for cash Jul 1 Issued shares for equipment Sep 26 Issued shares for cash