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Macko Inc. received equipment valued at $40,000 and a building valued at $200,000 in exchange for 4,500 shares of $32par value common stock and $50,000

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Macko Inc. received equipment valued at $40,000 and a building valued at $200,000 in exchange for 4,500 shares of $32par value common stock and $50,000 cash. The entry to record this transaction would include Select one: a. Credit to Additional Paid in Capital for $ 190,000 b. Credit to Common Stock for $190,000 c. Credit to Additional Paid in Capital for $ 45,000 d. Credit to Retained Earnings for $46,000

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