During the current year, Magliolo, Inc.,

(a) issues 18,000 shares of \(\$ 10\) par value preferred stock at \(\$ 48\) cash per share and

(b) issues 120,000 shares of \(\$ 2\) par value common stock at \(\$ 37\) cash per share. Indicate the financial statement effects of these two issuances using the financial statement effects template