Mercury Corporation issued 2,500 shares of no par common stock for $25 per share. Mercury also issued 1,300 shares of $40 par, 5 percent noncumulative preferred stock at $50 per share. Required Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (1A), or financing activity (FA). Not all cells require input.) MERCURY CORPORATION Horizontal Statements Model Balance Sheet Stockholders' Equity Revenue Preferred Common PIC in Stock Stock Excess Assets Income Statement Expense Statement of Cash Net Income Flows Event Cash 1 - Issue of CS 2- Issue of PS