Question: If a company issues 1 0 , 0 0 0 shares of $ 1 par value common stock at a market price of $ 5

If a company issues 10,000 shares of $1 par value common stock at a market price of $5 per share, which of the following is the appropriate FSET.
O Increase common stock and cash by $10,000
Increase cash by $50,000 and increase earned capital by $50,000
O Increase cash by $50,000 and increase contributed capital by $50,000
O Increase revenues by $50,000

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