value preferred stock. Prepare shares of $1 par value comvon stock ard 100,000 shares the following journal entries: e1 510 par a. The company issued 25,000 shares of common stock to 4 people at $20 per b. company issued 10,000 sares of preferred stock to 1 person at $50 per share. C. The company repurchased 25,000 shares of common stock for $40 per share. d. The company reissued 10,000 shares of common stock for $60 per share