Which of the following is incorrect for Smith Company when Smith issues $10,800$ shares of $$20$ par value common stock and pays $$20,800$ cash in exchange for the building?

Multiple Choice

The common stock account increases by $$216,000.$

Stockholders' equity increases $$378,000.$

The bullding account increases by $$398,800.$

The additional paid$-$in capital account increases by $$216,000.$