Check my work 3 2 points eBook Hint Print Mercury Corporation issued 7,500 shares of no-par common stock for $30 per share. Mercury also issued 1,500 shares of $35 par, 5 percent noncumulative preferred stock at $45 per share. Required Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Not all cells require input.) MERCURY CORPORATION Horizontal Statements Model References Assets Balance Sheet Stockholders' Equity Income Statement Revenue Expense -Net Inco Event Cash Preferred Stock Common Stock PIC in Excess 1-Issue of CS + 2-Issue of PS