worth $$59,500.$ The stock has a $$4$ per share stated value.

$3.$ A corporation issued $1,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$59,500.$ The stock has no stated value.

$4.$ A corporation issued $750$ shares of $$50$ par value preferred stock for $$97,000$ cash.

Analyze each transaction from issuances of stock by showing its effect on the accounting equation$-$ specifically, identify the accounts and amounts $($including $+$ or $-)$ for each transaction.