$75.000 loss $75.000 125.000 Question 14 Washington Company issued 3.750 shares of its $5 per value common stock. The market price on the day of sale was $10 per share. Which of the following most correctly represents the effect of the transaction? note answer choices may not include all accounts affected) Increase contributed capital by $37.500. Increase common stock 1750 Increase cash by $37.500. Increase contributed capitalby 1.750 Increase contributed capital by $18.750. Increased to din capital by $18.750 Increase cash by $37.500. Increase common stock by 33.750. Question 15 1 pts Jellystone Jams is a small farm that grows and sells berries and jams. At the beginning of the current period, the farm completed construction of a new barn that is to be deprecated in the current period using the double-declining balance method. Mr. Booboo, the accountant, erroneously used the straight line depreciation method when calculating this period's depreciation for the new barn. What is the effect of this error on Assets, Liabilities, and Stockholders'Equity, respectively? Assets are overstated, No Effect on Lates, and Stockholders' Equity is verstated Assets are Understated. No Electon Lates, and Stockholders' Equity is verstated Assets are Understated, No Effect on table and Stockholders' Equity is Understated Assets are Overstated. No Effect on Liabilities and Stockholders' Equity is Understated Question 16 1 pts 48