7. What effect does the issuance of a 2-for.1 shawa anlit have on each of the following? 8. Anoble Incorporated issues 4,000 shares of its 65 par value ordinary shares having a value of 25 per share and 6,000 shares of its 15 par value preference shares having a f value of 20 per share for a lump sum of 192,000. What amount of the proceeds shot be allocated to the preference shares? a. 6172,000 b. 120,000 c. 104,727 d. 990,000