1 Snow Company issues 15,000 shares of $5 par common stock. Later in the year, Snow Company purchases 600 of their shares from the market and pays $10 for each share. In the entry to record the purchase, treasury stock would be: O Debited for $6,000 O Debited for $5,000 O Credited for $5,000 1.25 pts O Not used in the journal entry to record the repurchase