Share Issuances for Cash Finlay, Inc., issued 4,000 shares of $50 par value preferred stock at $119 per share and 6,000 shares of no-par value common stock at $18 per share. The common stock has no stated value. All issuances were for cash. a. Determine the financial statement effect of the share issuances (preferred and common). Balance Sheet Assets Liabilities + Equity 0 0 Income Statement Revenues Expenses Net Income 0 b. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $5 per share. Balance Sheet Assets Liabilities Equity 0 0 0 Income Statement Revenues Expenses Net Income 0 c. Determine the financial statement effect of the issuance of the common stock assuming that it had a par value of $1 per share. Balance Sheet Assets 0 Check Liabilities + Equity 0 0 Income Statement Revenues Expenses Net Income 0 0