If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:Select:

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:Select: 1

Retained earnings would increase by $41,706

Equity would decrease by $4,171

Equity would increase by $41,706

Retained earnings would increase by $4,171