16) Smart Company originally issued $5 par value common stock for $9 per share. It purchased 2,300 shares of its own stock for $11 per share. The Paid-in Capital from Treasury Stock Transactions has a credit balance of $4000. What would be the joumal entry for the sale of 300 shares of treasury stock for S4 per share? 1,200 1,500 2,700 B O Cash Paid-in Capital from Treasury Stock Transactions Treasury Stock - Common A) Treasury Stock - Common Paid-in Capital from Treasury Stock Transactions Cash 3,300 2,100 1,200 2,7001 2,700 Cash Treasury Stock Common . D Cash Paid-in Capital from Treasury Stock Transactions Treasury Stock - Common 1,200 2,100 3,300