.30 Murphy Corporation acquired a new manufacturing building by issuing 10.000 shares of its $50 par value preferred stock with a $75 per share market price. Similar buildings have recently cost $780.000. What are the effects of this transaction on the accounting equation for Museum? of 200 question Select one A Building and Preferred Stock increase $780,000 B. Building and Preferred Stock increase $500,000 C. Building increases $700.000. Preferred Stock increases $500.000, and Additional Paid In Capital Preferred increases $200,000 D. Building increases 5750.000, Preferred stock increases $500.000 and Additional Paid in CapitarPreferred increases $250.000