Question 14 Telecom Inc. implemented a restricted stock plan on 01/01/2018 by transferring 350,000, $1 par-value shares to the restricted stock plan. That day, the stock was trading at $16.55. The restricted shares vest over 4 years. Which of the following statement is FALSE? The 2019 vesting of 14 of the restricted shares increases Contributed Capital by $1,448,125. The 2018 transfer of restricted shares has no impact on Net Income The 2019 vesting of 14 of the restricted shares decreases Net Income by $1,448,125. The 2018 transfer of restricted shares increases Contributed Capital by $5,792,500