Springer Co B) C) D)

Springer Co.was incorporated on January 1, 2019, at which time 500,000 shares of $1 par value common stock were authorized, and 210,000 of these shares were issued for $9 per share.Net income for the year ended December 31, 2019, was $1,900,000.Springer Co.'s board of directors declared dividends of $1.40 per share of common stock on December 31, 2019, payable on January 27, 2020. The entry to record the issuance of common stock on January 1, 2019 is:

A) $$\begin{array} { | l | c | c | c | } \hline \text { Dr. } & \text { Cash } & 1,890,000 & \\\hline \mathrm { Cr } . & \text { Common Stock } & & 1,890,000 \\\hline\end{array}$$
B) $$\begin{array} { | l| l | r | r | } \hline \text { Dr. } & \text { Cash } & 1,890,000 & \\\hline \text { Cr. } & \text { Common Stock } & & 210,000 \\\hline \text { Cr. } & \text { Additional Paid-In Capital } & & 1,680,000 \\\hline\end{array}$$
C) $$\begin{array} { | r | l | c | c | } \hline \text { Dr. } & \text { Cash } & 1,900,000 & \\\hline \text { Cr. } & \text { Net Income } & & 1,900,000 \\\hline\end{array}$$
D) $$\begin{array} { | r | l | r | r | } \hline \text { Dr. } & \text { Cash } & 4,500,000 & \\\hline \text { Cr. } & \text { Common Stock } & & 500,000 \\\hline \text { Cr. } & \text { Additional Paid-In Capital } & & 4,000,000 \\\hline\end{array}$$