Tom Yuppy, a wealthy investor, paid $45,880 for 1,240 shares of $10 par common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an additional 2,480 shares of stock to Yuppy for $37 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. LEUIG CORP. Horizontal Statements Model Balance Sheet Income Statement Assets Stockholders' Equity Revenue Expense Net Income Statement of Cash Flow Event Cash + Land = Common Stock PIC in Excess + + 1 - Common Stock 2 - Issue of additional shares + +