Lewelling Company issued 109,000 shares of its $1 par common stock to the Michael Morgan law firm as compensation for 4,900 hours of legal services performed. Morgan's usual rate is $180 per hour. By what amount should Lewelling's paid-in capital - excess of par increase as a result of this transaction? Paid-in capital-excess of par Hamilton Boats issued 202,500 shares of its no-par common stock to Sudoku Motors in exchange for 1,350 four-stroke outboard motors that normally sell in quantity for $3,000 each. By what amount should Hamilton's shareholders' equity increase as a result of this transaction? Shareholders' equity