During its first year of operations, Crane Corporation had the following transactions pertaining to its common stock.

Jan. $10$ Issued $62,000$ shares for cash at $$6$ per share.

July $1$ Issued $52,000$ shares for cash at $$9$ per share. Compare the effect the two Jan. $10$ transactions would have on Crane$$s assets, liabilities, stockholders$$ equity, and net income.

Both Jan. $10$ transactions would select an effect

assets and increase stockholders$$ equity by $enter a dollar amount

$.$

There is select an effect

on net income.