Alpha company issued 7, 500 shares of $10 par value common stock to stock holders in exchange for $787.500 cash. Which of the following correctly describes the impact transaction on Alpha's financial statements? Stock holders have invested $862.500 as stockholder's equity. A $787.500 investments is reported as a long term investments. Common stock is reported of $787.5000 in stockholder's equity. Additional paid in capital of $712.500 is reported in stockholder's equity