Cowboy Clothing issues 2,700 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming the issue price is $11 per share, determine the financial statement effects of the issuance of common stock. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field