Downer Company provides the company's 2007 financial statements below, intentionally omitting select items of information. Downer Company Jan. 1, 2007 Assets Liabilities Common Stock Retained Earnings $135 80 25 30 Dec. 31, 2007 Assets Liabilities Common Stock Retained Earnings $152 88 (a) (b) 2007 Income Statement: 2007 Statement of Retained Earnings: Revenues (c) Beginning R/E $30 Expenses 112 Net Income 22 Net Income (d) Dividends (18) Ending R/E $34 True or False: it can be determined from the above information that during 2007 Downer issued $5 of common stock to owners. True O False