Tom Yuppy, a wealthy investor, exchanged a plot of land that originally cost him $63,000 for 1,400 shares of $10 par common stock issued to him by Leung Corp. On the same date, Leuig Corp, issued an additional 2,800 shares of stock to Yuppy for $45 per share. Required a. What was the value of the land at the date of the stock issue? 3829 Value of the land od Book b. 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 (IA), or financing activity (FA). Not all cells require input.) Hint Balance Sheet Stockholders' Equity Pic in Land Common Stock Excess Income Statement Expense Assets Revenue Net Income Statement of Cash Flows Event Cash Bences 1 - Exchange of ind for shares 2-Wue of additional shares