A company issues 1 million shares of common stock with a par value of $0.08 for $15.60 a share. The entry to record this transaction includes a debit to Cash for: Multiple Choice $15,600,000, a credit to Common Stock for $80,000, and a credit to Additional Paid-In Capital for $15,520,000. $80,000 and a credit to Common Stock for $80,000. $80,000, a debit to Capital Receivable for $15,520,000, a credit to Common Stock for $80,000, and a credit to Additional Paid- in Capital for $15,520,000. $15,600,000 and a credit to Common Stock for $15,600,000