8) The stockholders' equity sections of a firm's balance sheet at the beginning and end of the year 2020 are given below: 1/1/20 12/31/20 ? Common stock, $5 par value..... Additional paid-in-capital......... Retained earnings........... Total stockholders' equity............ ? $ 400,000 160,000 220,000 $ 780,000 ? 1939,000 The following events affected the stockholders' equity accounts during the year 2020: 1. Cash dividends declared and paid (July, 2020): $65,000 2. Additional common stock shares issued (October, 2020): 4,000 shares 3. Net income reported for the year 2020: $150,000 HE No other events affected stockholders' equity accounts during the year 2020. . The source of cash from the issue of the 4,000 shares of common stock during the year 2020 was. A) $ 20,000 B) $ 39,000 C) $ 74,000 D) $159,000 E) $224,000