2 Mc Which of the following is incorrect for Smith Company when Smith issues 11,400 shares of $20 par value common stock and pays $21,400 cash in exchange for a building? The market price of the Smith stock on the exchange date was $25 per share and the building's book value on the books of the seller was $214,000. Multiple Choice O The building account increases by $306,400. The common stock account increases by $228,000 The additional paid-in capital account increases by $228,000 Stockholders' equity increases $285,000 www