Question 3 2 pts 3. During May the following transactions occurred for the R \& D Company: - Received \$15,000 cash from shareholders in exchange for shares of stock - Purchased $1,000 of supplies and paid in cash. - Purchased $5,000 of equipment, paying $2,000 in cash and signing a note payable for the balance As a result of these transactions, R&D Company's total assets would increase by: A. $20,000 B. $21,000 C. $18,000 D. $19,000