st s, Chapters 10 and 11 KQuestion 19 (of 25) On January 2, 2016, Torres Corporation issued 12.000 shares of $10 par-value common stock for $12 per share. Which of the following statements is true? Total equity will increase by $120,000. O The Cash account will increase by $120,000 O The Paidin Capital in Excess of Par Value account vwill increase by $24,000. The Common Stock account will increase by $144,000