14. If a company issues 2,500 shares of common stock, $1 par value and a market price of $32 per share, which of the following is the correct balance sheet effect? A) Increase cash by $80,000 and increase retained earnings by $80,000 B) Increase cash by $80,000 and increase earned capital by $80,000 C) Increase stock revenues by $80,000 D) Stock issuances are not reported on the balance sheet E) Increase cash by $80,000, increase paid-in capital by $77,500 and common stock by $2,500