1 Vernon Company reported the following common stock, S5 par, 200.000 shares authorized 50.000 shares issued and outstanding What is the effect of issuing 2,000 shares of common stock in exchange for land valued by a realtor at $36,000 if the common stock sells for $12 per share and is regularly traded? wered 200 Select one A. The Land account increases by $24.000 B Retained Earings decreases by $10,000 C. Common Stock increases by 536.000 D. Additional Paid-in Capital Common increases by $24.000 Please entify the correct activity in the statement of cash flows regarding the retirement of bonds payable at their maturity date? 12 wered 200 Select one A As an operating activity questo B. As an investing activity C. As a financing activity D. As a noncash investing and financing activity 13 Identify the transaction that is not a financing activity? wered out of 200 Select one A Issuing bonds for cash B Selling an investment in IBM stock for cash C. Purchasing a company's own stock treasury stock) for cash D. Making a cash payment to repay a bank loan