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Bonita Industries recorded journal entries for the issuance of common stock for $206000, the payment of $66000 on accounts payable, and the payment of salaries

Bonita Industries recorded journal entries for the issuance of common stock for $206000, the payment of $66000 on accounts payable, and the payment of salaries expense of $103500. What net effect do these entries have on stockholders equity?

Increase of $102500.

Increase of $36500.

Increase of $140000.

Increase of $206000.

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