If a company issues 2,500 shares of common stock at a market price of $48 per share, which of the following is the correct balance sheet effect?

	A.	Increase cash by $120,000 and increase contributed capital by $120,000
	B.	Increase cash by $120,000 and increase earned capital by $120,000
	C.	Increase stock revenues by $120,000
	D.	Stock issuances are not reported on the balance sheet
	E.	None of the above