also and option for "D"

34 On January 12, Yents, Giliom Corporation issued 550 shares of $12 par value common stock for $15 per share. The number of shares autrice red is 5.000, and the number of shares outstanding prior to this transaction was 1.200 Which of the following describes the effect of the January 12 transaction on the elements of the financial statements? Balance Sheet Stockholders Assets Liabilities Equity Income Statement Accounts Accounts Common PIC in Net Statement of Cash Receivable Payable - Stock - Excess Revenue - Expense - Income Cash Flows A. 6,600 NA NA 6,680 NA NA NA NA 6,600 FA 8. 8,250 NA NA 8,250 NA NA NA NA 8,250 FA C. 8,250 NA NA 6,600 1,650 NA NA NA 8,250 FA D. 8,250 NA NA 6,600 1,650 NA NA NA 8,250 TA Multiple Choice Option O