If a company issues 10,000 shares of $4 par value common stock at a market price of $60 per share, which of the following is the correct balance sheet entry? Select one: O a. Increase cash by $600,000 and increase paid-in capital by $600,000 O b. Increase cash by $600,000 and increase retained earnings by $600,000 O c. Increase revenues by $600,000 d. Increase common stock and cash by $40,000