Brumfield issued 8 000 ordinary shares for $28 per share. In addition to the increase in cash, what effect does this transaction have on Brumfield's accounting equation? Ordinary shares increases $8 000 and retained earnings increases $168 000 Ordinary shares decreases $224 000 and contributed capital increases $224 000 Ordinary shares increases $224 000 Ordinary shares increases $175 000 and the gain on share issuance increases $175 000