Equity Accounts. Common Products has just made its first issue of stock. It raised $$2$ million

by selling $200,000$ shares of stock to the public. These are the only shares outstanding. The par

value of each share was $$2.$ Fill in the following table: $($LO$14-3)$

Common shares $($par value$)\_\_\_\_($a$)\_\_\_\_$

Additional paid$-$in capital $\_\_\_\_($b$)\_\_\_\_$

Retained earnings $\_\_\_\_($c$)\_\_\_\_$

Net common equity $$2,500,000$