Alpha Company Issued 1,000 Shares of $10 Par Value Common

Multiple Choice

Alpha Company issued 1,000 shares of $10 par value common stock to stockholders,in exchange for $15,000 cash.Which of the following correctly describes the impact of this transaction on Alpha's financial statements?

A) A $15,000 investment is reported as a long-term investment.
B) Stockholders have invested $25,000 as stockholders' equity.
C) Common stock is reported at $15,000 in stockholders' equity.
D) Additional paid-in capital of $5,000 is reported in stockholders' equity.