Mercury Corporation issued 9,500 shares of no-par common stock for $15 per share. Mercury also issued 4,800 shares of $30 par, 6 percent noncumulative preferred stock at $40 per share.

Required

Record these events in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank.