Mercury Corporation issued 8,000 shares of no-par common stock for $20 per share. Mercury also issued 2,200 shares of $40 par, 5 percent noncumulative preferred stock at $50 per share. Required Record the transactions in a horizontal statements model. Note: In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Not all cells require input