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 building's book value on the books of the seller was $250,000. Which of the following is incorrect for Smith Company when Smith issues 10,000 shares of $10 par value common stock and pays $20,000 cash in exchange for the building? A) The common stock account increases by $100,000.

B) The building account increases by $370,000.

C) Stockholders' equity increases $350,000.

D) The additional paid-in capital account increases by $100,000.