Question: On December 2 , 2 0 2 5 , Chase, Inc. purchased furniture for its new office. In payment for the furniture, Chase, Inc. issued

On December 2,2025, Chase, Inc. purchased furniture for its new office. In payment for the furniture, Chase, Inc. issued 10,000 shares of common stock with a $5.00 par value. The furniture has a fair value of $55,000. The total increase in stockholders' equity from this transaction would be q,
A. $55,000
B. $105,000
C. $10,000
D. $50,000
On December 2 , 2 0 2 5 , Chase, Inc. purchased

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