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Following are the issuances of stock transactions.

A corporation issued $4,000$ shares of $$5$ par value common stock for $$35,000$ cash.

A corporation issued $2,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$40,000.$ The stock has a $$1$ per share stated value.

A corporation issued $2,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$40,000.$ The stock has no stated value.

A corporation issued $1,000$ shares of $$50$ par value preferred stock for $$60,000$ cash.