Maercker Company has 130,000 shares authorized and 10,000 shares issued of $30 par value common stock. On January 1, 2019, the company issues an additional 2,000 shares of common stock in exchange for a building, which has a market value of $900,000. The journal entry to record the exchange will cause Total Paid-In Capital to:

Select one:

A. Increase by $540,000

B. Increase by $900,000

C. Increase by $300,000

D. Increase by $60,000