Help Save & Exit Submit Below are assets found of the Balance Sheet of IQ Testing Corp. Which of the following assets are amortized? Patents Equipment Timberland Help Save & Exit Submit On January 29, 2020, Oil & Gas Corp. issued 12,000 shares of $4 par value common stock for $13 per share. Which of the following statements is true? Multiple Choice The Additional Paid in Capital account will increase by 548,000 The Common Stock account will increase by $156,000 O The Cash account will increase by $56,000 Total stockholders equity will increase by $18,000