What if last year the Andrews Corporation issued 206,800 shares at $72.00 per share. The effect on the balance sheet would have been:

Select: 1

	Cash increased $14,889,600 Common Stock increased $14,889,600.
	Retained Earnings increased $14,889,600; Cash increased $14,889,600.
	Cash increased $14,889,600; Common Stock decreased $14,889,600.
	Common Stock increased $14,889,600; Retained Earnings decreased $14,889,600.