A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $14 per share. The entry to record this transaction would include:

A credit to Common Stock for $224,000.

A credit to Common Stock for $160,000.

A credit to Contributed Capital in Excess of Par Value, Common Stock, for $224,000.

A debit to Cash for $160,000.

A debit to Contributed Capital in Excess of Par Value, Common Stock, for $16,000.