On August 1, Kruger Industrial Inc. issues 200 shares of $5 par value common stock for cash at $1 per share. When Kruger Industrial Inc. records the transaction on August 1, it will: increase Cash $2,800 and increase Retained Earnings $2,800. increase Cash $2,800, increase Common Stock $1,800 and increase Additional Paid-in Capital in Excess of Par$1,000. increase Cash $2,800 and increase Common Stock $2,800. increase Cash $2,800, increase Common Stock $1,000 and increase Additional Paid-in Capital in Excess of Par $1,800