Prepare the issuer's journal entry for each of the following separate transactions. on march 1, atlantic co. issues 50,500 shares of $4 par value common stock for $321,500 cash. on april 1, op co. issues no-par value common stock for $86,000 cash. on april 6, mpg issues 3,600 shares of $20 par value common stock for $55,000 of inventory, $165,000 of machinery, and acceptance of a $91,000 note payable.