Exercise 8-11A (Algo) Issuing stock for cash LO 8-4 Tom Yuppy, a wealthy investor, paid $33,000 for 1,100 shares of $10 par common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an additional 2,200 shares of stock to Yuppy for $30 per share. Required Show the effect of the two stock issues on Leuig's books in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), Investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank. Event 1-Common stock 2-Issue of additional shares LEUIG CORP. Horizontal Statements Model Balance Sheet. Income Statement Statement of Cash Assets Cash + Land Common Stock Stockholders' Equity PIC in Excess Revenue Expense Net Income Flow +