Question: Shell product decided to raise additional financing by issuing common stock. The company received OMR6400 in exchange for OMR 1500 shares of OMR 1 par

Shell product decided to raise additional financing by issuing common stock.

Shell product decided to raise additional financing by issuing common stock. The company received OMR6400 in exchange for OMR 1500 shares of OMR 1 par value common stock. By what amount should the additional paid-in capital account increase as a result of this transaction Select one: O a. OMR3000 O b. OMR7900 O c. None of the options O d. OMR4900

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