Brennan Company was incorporated and began operations on January 1, 2020. In January, Brennan issued 100,000 shares of common stock, $.50 par value; all shares issued were sold in the market for $15.50 per share. Brennan's net earnings for fiscal year ended December 31,2020 were $800,000. The market value of the stock at December 31,2020 was $26.00. Which of the following occurred in the stockholders' equity section of the financial statements as a result of this activity? a. Common Stock increased by $1,550,000. Retained Earnings Increased by $800,000. b. Common Stock increased by $2,600,000. Retained Earnings was not affected. c. Common Stock increased by $50,000. Additional Paid-in Capital increased by $1,500,000 and Retained Earnings increased by $800,000 d. Common Stock increased by $50,000, Additional Paid-in Capital increased by $2.550.000 and Retained Eamings increased by $800.000