A company issues 1 million shares of common stock with a par value of $0.16 for $16.40 a share. The entry to record this transaction includes a debit to Cash for: Multiple Choice 0 $160,000 and a credit to Common Stock for $160,000 $160,000, a debit to Capital Receivable for $16,240,000, a credit to Common Stock for $160,000, and Paid in Capital for $16.240,000 C ) $16,400,000, a credit to Common Stock for $160,000, and a credit to Addition O $16,400,000 and a credit to Common Stock for $16,400,000