On July 1, 2010, Kosa, a new corporation, issued 20,000 shares of its common stock to finance a corporate headquarters building. The building has a fair market value of $600,000 and a book value of $400,000. Because Kosa is a new corporation, it is not possible to establish a market value for its common stock. Record the issuance of stock for the building, assuming the following conditions:

(1) The par value of the stock is $10 per share;

(2) The stock is no-par stock;

(3) The stock has a stated value of $4 per share.