Consider a company issuing 1,000 shares of common stock. The shares are sold at a price of $11 per share with par value of $2 per share. Based on this information, which of the following will occur on the balance sheet?

Group of answer choices

A)Common stock will increase by $2,000

B)There will be no impact on the balance sheet

C)Additional paid-in capital will decrease by $2,000

D)Revenue will increase by $11,000