If a company issues 10,000 shares of $4 par value common stock at a market price of $50 per share, which of the following is the correct effect? A) Increase in cash by $500,000 and increase in retained earnings by $500,000 B) Increase in cash by $500,000 and increase in total paid-in capital by $500,000 C) Increase in reven ues by $500,000 D) Increase in common stock and cash by $40,000