Question 27 Not yet answered Marked out of 1.00 Flag question During the year, Lakeshore Company issued 4,800 shares of its $0.50 par value common stock for $7.50 per share, and declared and paid cash dividends totaling $0.50 per share. By what amount does contributed capital increase as a result of these events? Select one: a. $36,000 b. $28,800 C. $33,600 d. $7,200