Question - Portland sound cafe began business on January 1, 2016. The corporate charter authorized issuance of 1,000 shares of no-one value common stock, of which 200 shares were issued, and 4,000 shares of $8 par value, 6% cumulative preferred stock, of which none were issued. Portland sound sold 400 shares of common stock at $8 per share on May 1. The entry to record issuance of the shares on May 1 will?