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need help Adventure Outfitters issues 1,400 shares of its $0.01 par value common stock to provide funds for further expansion. Assume the issue price is

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Adventure Outfitters issues 1,400 shares of its $0.01 par value common stock to provide funds for further expansion. Assume the issue price is $11 per share. Determine the financial statement effects of the issuance of common stock

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