Tom Yuppy, a wealthy investor, paid $$43,920$ for $1,220$ shares of $$10$ par common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an additional $2,440$ shares of stock to Yuppy for $$36$ per share.

Required

Show the effect of the two stock issues on Leuig's books 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.