A public company issues 10,000 shares on November 1 to purchase equipment with a fair value of $72,000. Assume the company's shares are actively traded with a value of $7 per share. Which stateme is true? a. Contributed Surplus is credited for $2,000. O b. O.C. A gain on sale is credited for $2,000. Common Shares is credited for $ 70,000. d. Equipment is debited for $72,000