The following events occurred during the most recent month of operations of a local corporation: a. The company completed issuance of 50,000 additional shares of stock for $150,000. The stock has a $2 par value. b. The company purchased a new delivery truck. The truck cost $108,000. It has an estimated useful life of 5 years and an estimated salvage value of $14,000. c. The business paid $2,500 monthly rent and renewed their annual