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On January 2 , Year 1 , Torres Corporation issued 2 5 , 0 0 0 shares of $ 2 0 par - value common

On January 2, Year 1, Torres Corporation issued 25,000 shares of $20 par-value common stock for $25 per share. Which of the following statements is true?
Multiple Choice
The Common Stock account will increase by $625,000.
The Cash account will increase by $500,000.
Total stockholders' equity will increase by $500,000.
The Paid-in Capital in Excess of Par Value account will increase by $125,000
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