LO2,4 E10-2A. Share Issuances for Cash Finlay, Inc., issued 8,000 shares of $50 par value preferred stock at $68 per share and 12,000 shares of no-par value common stock at $10 per share. The common stock has no stated value. All issuances were cash Determine the financial statement effect of the share issuances. b. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $5 per share. Determine the financial statement effect of the issuance of the common stock assuming that it had a par value of $1 per share