Smith Company exchanges assets to acquire a building. The market price of the Smith stock on the exchange date was $35 per share and the buildings book value on the books of the seller was $250,000. Which of the following journal entries is correct for Smith Company when Smith issues 11,900 shares of $10 par value common stock and pays $21,900 cash in exchange for the building? The market price of the Smith stock on the exchange date was $20 per share and the buildings book value on the books of the seller was $219,000. Building 140,900 Cash 21,900 Common stock 119,000 Building 259,900 Cash 21,900 Common stock 119,000 Additional paid-in capital 119,000 Building 259,900 Common stock 259,900 Building 259,900 Cash 21,900 Common stock 238,000