Assume Lester Corp. issues $900$ shares of no$-$par, $$5$ stated value, common stock for $$45,000.$

Select one:

Increase cash by $$45,000$ and increase contributed capital by $$45,000.$

Increase cash by $$45,000$ and increase retained earnings by $$45,000.$

Increase common stock and cash by $$4,500.$

Increase revenue by $$90,000.$