During its first year of operations, Roldan Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 60,000 shares for cash at $5 per share. July 1 Issued 50,000 shares for cash at $8 per share. Compare the effect the two Jan. 10 transactions would have on Roldan's assets, liabilities, stockholders' equity, and net income. Both Jan. 10 transactions would assets and increase stockholders' equity by $ There is on net income. Compare the effect the two July 1 transactions would have on Roldan's assets, liabilities, stockholders' equity, and net income. Both July 1 transactions would assets and increase stockholders' equity by $ There is on net income