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Share Issuances for Cash Finlay, Inc, issued 18,000 shares of $50 par value preferred stock at $136 per share and 27,000 shares of no-par value common stock at $20 per share. The common stock has no stated value. All issuances were for cash. a. Determine the financial statement effect of the share issuances (preferred and common) b. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $5 per share. c. Determine the financial statement effect of the issuance of the common stock assuming thatit had a par value of \$1 per share