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A company issued 2 , 0 0 0 shares of $ 5 par value common stock for $ 2 4 , 0 0 0 .

A company issued 2,000 shares of $5 par value common stock for $24,000. The issuance would result in which of the following effects?
an increase in Additional Paid-in Capital of $10,000
an increase in Common Stock of $24,000
an increase in Common Stock of $10,000
an increase in Additional Paid-in Capital of $24,000
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