QUESTION 18 Our Chris Corp. (OCC) issued 5.000 Series 2 preferred shares to a car dealer in exchange for two delivery trucks with a collective fair value of $123,000. At the date of issue, OCC's shares were trading on the stock market at $24.90 each. The directly attributable costs of issuing the shares totaled $2,000, which was accounted for using the retained earnings method. What will be the net increase in OCC's preferred share account due to this transaction? a $124,500b $122,500 c. $121,000 d. $123,000