Smith Company exchanges assets to acquire a building. The market price of the Smith stock on the exchange date was $$38$ per share and the bullding's book value on the books of the seller was $$215,000.$

Which of the following is correct for Smith Company when Smith issues $10,000$ shares of $$10$ par value common stock and pays $$21,500$ cash in exchange for the butlding?

Murtiple cholce

Total assets Increase $$380,000.$

Stockholders equity increases $$215\mathrm{.}000.$

Total assets increase $$350\mathrm{.}500.$

stocknoiders' equity increases $$358\mathrm{.}500.$