Buffalo Co

Multiple Choice

Buffalo Co. compensates its executives with restricted stock. During 2017, the company granted 14,250 shares of $1 par value restricted common stock that will vest over ten (10) years. The market value of the shares was $9 at the time of the grant.
What is the impact of this transaction on additional paid-in capital?

A) Increase additional paid-in capital by $114,000
B) Increase additional paid-in capital by $14,250
C) Increase additional paid-in capital by $128,250
D) Increase additional paid-in capital by $40,750
E) Paid-in capital is not impacted by this transaction.