Use the following information for Exercises $4-5$ below. $($Algo$)$

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Following are the issuances of stock transactions.

$1.$A corporation issued $7,000$ shares of $$10$ par value common stock for $$84,000$ cash.

$2.$A corporation issued $3,500$ 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 $3,500$ 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 $1,750$ shares of $$100$ par value preferred stock for $$207,500$ cash.

A$.$Record the issue of $7,000$ shares of $$10$ par value common stock for $$84,000$ cash.

B$.$Record the issue of $3,500$ 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.

C$.$Record the issue of $3,500$ 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.

D$.$Record the issue of $1,750$ shares of $$100$ par value preferred stock for $$207,500$ cash.