NCAA-W: Shot clock violation or Flagrant 1?

[jeschmit]

Here's the sitch:

NCAA-W. Team A has the ball with 5 seconds on the shot clock. A shot goes up and misses the rim. The shot clock operator mistakenly resets the shot clock on the shot. Team A then gets an offensive rebound.

Unfortunately, the three officials failed to notice that the shot clock was reset, and after A got the rebound, A-1 was fouled by B-1 in the act of shooting. The contact was deemed enough to make it a Flagrant 1 foul. At the time the foul was called, 23 seconds was showing on the shot clock.

The officials get together and realize that there undoubtedly should have been a shot clock violation on Team A prior to the Flagrant 1 foul being called.

What should the crew have done? The way I see it there are two options: 1) Ignore the shot clock violation and award Team A two shots and the ball for the Flagrant 1 foul, or 2) ignore the Flagrant 1 foul and award Team B the ball due to the shot clock violation (with the proper time added to the game clock).

Also, just for the sake of argument... what if it was just a common foul committed by Team B, and not a Flagrant 1 foul? Would the ruling change?